Joshua Goldman
Joshua Goldman
min read · July 20, 2025 · Entertainment

The Late-Night Revolution: Colbert's Exit and Gutfeld's Rise

The axing of Stephen Colbert's Late Show has been received as a death knell for late night television - but there's still time for one more rising star before the world of cable TV is eclipsed by TikTok, YouTube, and Instagram reels. (Pictured: Colbert hosting the show in July)

SHOCKING CANCELLATION ROCKS LATE-NIGHT TV: STEPHEN COLBERT'S LATE SHOW AXED AFTER 10 YEARS!

In a move that has left the industry reeling, CBS and its parent company Paramount have announced that Stephen Colbert's iconic Late Show will be coming to an end in May 2026. Yes, you read that right - 10 whole years after it first premiered! The news has sent shockwaves through the world of late-night TV, with many speculating about the future of this beloved genre.

But before we dive into the juicy gossip and drama surrounding Colbert's axing, let's take a step back and appreciate just how far he's come. With his quick wit, sharp tongue, and unparalleled charm, Colbert has been entertaining audiences for over a decade, earning him the reputation as one of the greatest late-night hosts of all time.

Late-night show host Jimmy Kimmel (pictured) blasted CBS for axing Colbert's program

And yet, despite being the only traditional late-night show host with ratings higher than 2 million viewers, according to LateNighter, CBS has decided to pull the plug. But why? Well, it seems that Colbert's show was hemorrhaging a whopping $40 million per year - a figure that even the most generous of networks couldn't justify.

COLBERT'S FAREWELL TOUR

As news of the cancellation spread like wildfire, fellow late-night hosts Jimmy Kimmel and Andy Cohen took to social media to express their shock and sadness. Kimmel, in particular, was vocal about his disappointment, blasting CBS with a scathing Instagram post that left many wondering if he was secretly seething over Colbert's higher ratings.

Greg Gutfeld on Fox News has been disrupting the TV genre once monopolized by the likes of Colbert, and Seth Meyers, whose Late Night with Seth Meyers show on NBC reigns supreme for post-midnight ratings. Gutfeld! airs at 10pm and attracts the Fox's faithful viewers

Meanwhile, Cohen penned an emotional tribute to Colbert, praising the late-night icon for producing "a brilliant show" that will be sorely missed. But amidst the sea of tributes and well-wishes, one host stood out from the crowd - Greg Gutfeld, the conservative rising star of Fox News.

GUTFELD: THE UNLIKELY SAVIOR OF LATE-NIGHT TV?

Gutfeld's show, which airs at 10pm on Fox News, has been quietly dominating late-night TV ratings with an average of three million viewers in the second quarter of 2025. And while some might attribute this success to his earlier time slot and Fox's loyal fan base, Gutfeld himself insists that it's down to something more - his unique blend of humor and authenticity.

CBS and its parent company, Paramount, announced that Colbert's show would 'end its historic run' in May 2026, just over a decade after it first launched

Behind the scenes, Gutfeld's show reportedly operates with a lean creative team of just 20 people, giving it an unpolished, real-talk vibe that resonates with viewers who crave substance over scripted comedy. And as the late-night landscape continues to evolve, it seems that this approach might just be the key to Gutfeld's continued success.

THE POLITICAL CONTEXT

But Colbert's axing isn't without its own share of drama and intrigue. Just days prior to the announcement, Colbert himself blasted CBS for settling a lawsuit with President Trump for a whopping $16 million - an accusation that many are calling a "big fat bribe."

Colbert attracted 2.42 million viewers across 41 first-run episodes - easily outpacing NBC's The Tonight Show Starring Jimmy Fallon (pictured) which had 1.19 million, per LateNighter

Meanwhile, Trump has accused CBS of editing an October interview with Harris to sway public opinion in her favor, sparking a probe by the FCC into whether the network violated "news distortion" rules. And let's not forget the planned $8.4 billion merger between Paramount and Skydance, which requires approval from the FCC - a move that has many wondering if this is just the beginning of a bigger game of power play.

A NEW ERA FOR LATE-NIGHT TV?

As we bid farewell to Colbert's Late Show, it's clear that late-night TV is on the cusp of something new. With Gutfeld leading the charge and other shows like Last Week Tonight with John Oliver carving out their own niches, the future of this beloved genre looks brighter than ever.

Gutfeld has been disrupting the TV genre once monopolized by the likes of Seth Meyers (pictured), whose Late Night with Seth Meyers show reigns supreme for post-midnight ratings

But as the dust settles and the late-night landscape continues to shift, one thing is certain - Stephen Colbert's legacy will live on, leaving behind a trail of laughter, wit, and unforgettable moments that will be remembered for years to come.

And so, as we say goodbye to Colbert's Late Show, let us raise a glass to the king of late-night TV - may his reign be long remembered!

Taylor Tomlinson (pictured) made her debut as the only current female late night talk show host on Tuesday with the premiere of After Midnight on CBS in January 2024