India, July 18 -- The Late Show with Stephen Colbert has been axed, CBS announced on Thursday, ending the program's 33-year run. The talkshow's last episode will be aired in May 2026. Colbert announced the news during his taping, telling the audience he was informed on Wednesday. The audience immediately booed.

"Yeah, I share your feelings. It's not just the end of the show, it is the end of the Late Show on CBS. I'm not being replaced, this is all just going away," Colbert said.

The move comes two weeks after the parent company of CBS, Paramount, settled a lawsuit lodged by President Donald Trump against CBS News. Now, there is speculation about Jon Stewart's 'The Daily Show' being canceled.

When asked about the future of his show, St...