Fans of Stephen Colbert are preparing to say “goodbye” to one of late-night television’s most popular shows. After more than a decade on CBS, The Late Show with Stephen Colbert is officially coming to an end, closing an era for the long-running franchise that first launched with David Letterman in 1993.
CBS confirmed that the network will retire The Late Show franchise altogether after Colbert’s final episode airs later. So, while fans grab their tissues and prepare for Colbert’s final bow on CBS, here’s everything to know about when and how to watch the last show.
Why Was The Late Show With Stephen Colbert Canceled?
CBS announced over the summer of 2025 that The Late Show with Stephen Colbert would end following the 2025–2026 television season. According to the network, the decision was “purely a financial decision” amid the changing landscape of late-night TV.
Nevertheless, the cancelation sparked major debate online, with some fans and public figures questioning whether politics played a role in CBS’ decision. Colbert has long been known for openly criticizing Donald Trump on air, leading to speculation surrounding the timing of the show’s end. CBS denied those rumors.
Is Stephen Colbert Being Replaced?
No. There will not be another host of The Late Show, Colbert explained to his audience while announcing the news last summer.
However, Byron Allen‘s Comics Unleashed will be in Colbert’s late-night slot moving forward.
What Time Does Stephen Colbert’s Last Show Air?
Colbert’s final episode of The Late Show is scheduled to air on Thursday, May 21, 2026, at 11:35 p.m. ET.
In the weeks leading up to the finale, multiple stars and major public figures, including former President Barack Obama, appeared on the show. Not only that, but fellow late-night comedy hosts Jimmy Fallon, Jimmy Kimmel, Seth Meyers and John Oliver visited Colbert on his show to pay tribute to their friend.
How to Watch Episodes of Colbert
New episodes of The Late Show with Stephen Colbert air weeknights on CBS. Fans can also stream episodes on Paramount+ after they air on TV. Clips from Colbert’s show are also available on The Late Show’s official YouTube channel.
How Can I Watch the Last Episode of Colbert Live if I Don’t Have Cable?
Paramount+ offers a premium subscription to watch the final episode of The Late Show live. Other options include subscribing to YouTube TV, DirecTV, or Hulu + Live TV.
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