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.

CBS announced on Thursday that 'The Late Show With Stephen Colbert' would end in 2026, but the timing, coincidental or not, comes as Paramount tries to sell itself to Skydance.

CBS will end "The Late Show with Stephen Colbert" and retire "The Late Show" franchise in May 2026, the company announced Thursday, calling it "purely a financial decision against a challenging backdrop in late night.