India, July 18 -- The announcement of The Late Show with Stephen Colbert's cancellation by CBS has sparked widespread outrage on social media. Fans of the show are taking to online platforms to voice their disappointment and frustration, calling it a "huge mistake".

Stephen Colbert's late-night show is coming to an end after 10 seasons. On July 17, CBS announced its plan to cancel The Late Show with Stephen Colbert after the next TV season, through a statement, as per NY Post. The network claimed it was "purely a financial decision."

"We consider Stephen Colbert irreplaceable and will retire The Late Show' franchise in May of 2026," CBS executives' statement read, adding, "We are proud that Stephen called CBS home. He and the broadcast ...