CBS, in announcing the cancellation of "The Late Show with Stephen Colbert," has called the move a "purely financial decision."

CBS has announced it will end “The Late Show with Stephen Colbert” after the next TV season, calling it a “financial decision.” This marks the end of decades of original late-night programming on CBS,

CBS said it planned to cancel Stephen Colbert's Late Show after next season, citing the weakening finances of late night