One Reason The Cancellation Of Stephen Colbert’s The Late Show Is ‘Incredibly Sad,’ According To John Oliver

Stephen Colbert is livid about CBS axing The Late Show With Stephen Colbert — and as the host stares down the May 2026 end of his TV reign, he’s secretly aiming to deliver as much payback as possible on his way out the door,

Weeks after CBS canceled Stephen Colbert 's The Late Show, the comedian has landed a new gig. PEOPLE has learned that Colbert will guest star on Elsbeth season 3. Better yet, art will imitate life, as he will play a late-night talk show host.