MORNING HEADLINES | South Carolina native son and CBS “Late Show” host Stephen Colbert returned to TV for the first time Monday since news last week that the network would pull the plug on the show next year.

On Monday night, Colbert said “cancel culture” had gone too far.
“‘The gloves are off! I can finally speak unvarnished truth to power and say what I really think about Donald Trump. Starting now,’ the comedian said, looking right at the camera. He paused. “‘I don’t care for him.’”
CBS executives have said in a statement that the cancellation was “purely a financial decision against a challenging backdrop in late night.”
But Colbert questioned that, noting the show is at the top of the late night ratings.
“It’s confusing,” he said. “A lot of folks are asking that question, mainly my staff’s parents and spouses.”
The announcement came three days after Colbert, a frequent critic of President Donald Trump, panned a $16 million legal settlement by CBS owner Paramount Global with Trump. He sued over interview edits in an October 2024 interview by Democratic candidate Kamala Harris with CBS’s “60 Minutes.”
During this week’s Monday night broadcast, Colbert noted CBS “followed up their gracious press release with a gracious anonymous leak,” and showed screenshots of “sources” informing The New York Post that the show loses between $40 million and $50 million a year amid falling ratings and advertising for late-night TV shows.
“$40 million’s a big number,” Colbert said. “I could see us losing $24 million, but where would Paramount have possibly spent the other $16 million? Oh yeah …”
Colbert grew up in Charleston and still has family in the area. The decision to cancel the show came only days after it landed its sixth Emmy nomination for outstanding talk show.
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(Except for the headline, this story has not been edited by PostX News and is published from a syndicated feed.)