John Oliver is calling the cancellation of The Late Show With Stephen Colbert “incredibly sad.” While speaking to reporters over the weekend, Oliver was asked his thoughts about the news, which CBS revealed in a surprise announcement on Thursday. A daily brief about what matters and what's interesting in Hollywood.

The network said the show would end in May, when host Stephen Colbert’s current contract expires. Colbert announced the news to the audience attending the taping for Thursday night’s show and posted the message on social media.

"The Late Show with Stephen Colbert," a staple of late-night US television, will end in 2026, the CBS network said, days after the comedian blasted parent company Paramount's $16 million settlement with President Donald Trump as "a big fat bribe.

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."