Earlier this year, CBS and parent company Paramount announced the cancellation of The Late Show with Stephen Colbert, signifying the end of an era in TV. The announcement was followed by a wave of reactions, with a number of people expressing opposition to the notion of axing the program. While the aforementioned companies attributed the move to financial considerations, some people have theorized that it was politically motivated. Colbert himself is now weighing in on the assumptions that have since surfaced.
A primary reason there’s been political-based speculation surrounding The Late Show’s cancellation is because it came shortly after Paramount wrapped a high-profile legal situation. At that time, the company settled a $16 million lawsuit with U.S. President Donald Trump over a 60 Minutes interview involving Kamala Harris. That suit was also viewed by analysts as the final hurdle that needed to be cleared before Paramount and Skydance could receive FCC approval for their merger, which has since gone through.
