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, sources say.
Colbert, 61, announced the cancellation himself in front of his talk show’s audience on the July 21 broadcast and joked that bosses kicked him to the curb because of his now-shaved mustache.
“This is worse than fascism. This is ’stache-ism,” the funnyman quipped.
An insider says, “He can joke about it all he wants, but that doesn’t take away [the fact that] he’s losing millions.”
“It’s going to hit him hard and affect his lifestyle. He’ll struggle to make that kind of money anywhere else. He’ll probably move on to some self-indulgent podcast with a fraction of the pay.”
According to the insider, “furious” Colbert is a “money-hungry guy” whose ego is wounded — especially because he believed the show’s ratings were better than his rivals.”
The Late Show with Stephen Colbert was reportedly canceled over financial pressures, the heated political climate and declining viewership.
The sharp-witted satirist has received support from industry colleagues, including The Tonight Show’s Jimmy Fallon; Jimmy Kimmel, host of Jimmy Kimmel Live!; and David Letterman, his Late Show predecessor, who retired in 2015.
The insider confides, “Colbert’s going to be calling on them to put the boot in those people that fired him and the network as a whole.”
Shortly after news of the cancellation broke, Letterman, 78, ridiculed the Tiffany Network on social media by writing, “You can’t spell CBS without BS.”
However, sources say execs are standing by their decision to end The Late Show for good.
The insider adds, “The show’s bosses said Colbert was losing them money and insisted they held on as long as they could. They think it’s outrageous that he has a bitter taste in his mouth after they paid him so handsomely.”
“It’s ending badly with the way Colbert’s handling it and getting worse because he’s getting angrier and feeling righteous — especially with the support he’s receiving.”
‘ The preceding article may include information circulated by third parties ’
‘ Some details of this article were extracted from the following source nationalenquirer.com ’
