A new report from Puck's Matt Belloni is shedding light on the finances that led to CBS' bombshell cancellation of "The Late Show with Stephen Colbert."

Fox News host Greg Gutfeld boasted that his show “beat all these guys” in the late-night ratings, featuring a report by the Washington Examiner. During Fox News’s The Five Friday, the hosts referred to a report from the Washington Examiner that compared the recent television ratings between Gutfeld!

Comedian Rosie O’Donnell took to TikTok to voice her concerns about which of Trump’s critics could be next following the news CBS was axing The Late Show, hosted by Stephen Colbert, earlier this week.

The announcement came days after Colbert spoke out against the $16 million settlement paid by CBS News parent Paramount to settle a lawsuit filed by Donald Trump.

CBS could not figure out a path to profitability in an entertainment world increasingly dominated by streaming.

The state of late-night TV is keeping media executives from sleeping well. CBS’ decision to cut ties with Stephen Colbert and its decades-old “Late Show” franchise come next May will leave a major hole in the format — but one that has been widening.

Colbert’s cancellation came days after he mocked Paramount, which owns CBS, for its $16 million settlement with Trump in a lawsuit many considered meritless. That settlement comes as Paramount attempts a merger with Skydance Media, which requires FCC approval to proceed.