In his monologue opening Monday’s “The Late Show With Stephen Colbert ,” Colbert spoke about Trump’s exulting over CBS ‘s sudden decision to axe the show. “I absolutely love that Colbert got fired. His talent was even less than his ratings,” the U.S. president wrote on Truth Social on Friday.

On Thursday night, Stephen Colbert announced that CBS has canceled The Late Show. The iconic late-night series, which ran for over 30 years between both Colbert and David Letterman's tenures as host, will end in May 2026.

Even CNN’s Brian Stelter, no fan of Trump, said as much, writing: “The bottom has indeed been falling out of the late-night TV business model for several years now. Audience fragmentation and digital competition have led to a decline in ad revenue across the board. One insider described it as ‘cratering’ at CBS.”