The long-running Comedy Central show made headlines quickly after Stephen Colbert announced ‘The Late Show’s cancelation because both are owned by Paramount. Jon Stewart quickly made headlines after CBS announced the shocking cancelation of The Late Show with Stephen Colbert in July 2025.

Skydance, the movie studio trying to buy CBS and Comedy Central parent company Paramount, appears eager to rid CBS of “a liberal taint.”

Jimmy Kimmel gave a salute to “The Late Show With Stephen Colbert” — and blasted rival network CBS — on Thursday evening, hours after CBS announced that it is canceling Colbert’s series in May 2026 and retiring the “Late Show” brand. “Love you Stephen,” Kimmel wrote on his Instagram story, captioning a clip of Colbert’s …