Stephen Colbert Reflects on ‘Late Show’ Cancellation in Candid NYE Interview

Stephen Colbert recently appeared on CNN’s New Year’s Eve Live, where he discussed the cancellation of his show, The Late Show, and shared valuable insights from the past year. He joined hosts Andy Cohen and Anderson Cooper remotely from his home in New Jersey.

Reflections on The Late Show Cancellation

During the interview, Colbert highlighted the challenges he faced in 2026. CBS and its parent company, Paramount, announced the cancellation of The Late Show, with its final episode set to air in May. When asked about lessons learned over the year, Colbert quipped, “Don’t trust billionaires! They don’t get rich by finding money on the side of the road.” This remark came in light of Paramount’s recent attempts to take over Warner Bros. Discovery, valued at over $108 billion.

Industry Insights and Humor

Colbert also commented on Paramount’s aggressive acquisition strategy, notifying viewers that despite their lavish spending power, the network should consider reviving The Late Show. “If my company’s got that kind of green, I’m sure they can afford to un-cancel one of their best shows,” he stated.

Fun with Friends

The conversation wasn’t all serious. Colbert, Cohen, and Cooper delved into the HBO series Heated Rivalry. Their lively banter included playful remarks about Colbert’s relationship with his wife, Evelyn “Evie” McGee-Colbert, with Cohen humorously suggesting that Evie holds the dominant role. Colbert, however, self-identified humorously as a “bossy bottom,” prompting laughter from the group.

Playing Games and Sharing Confessions

Additionally, the trio engaged in a game of “Never Have I Ever.” In a revealing moment, Colbert confessed to sometimes forgetting which guests had previously appeared on his show. He noted, “I’ve literally said to a guest, ‘It’s great to finally talk to you,’ and they’ve said, ‘This is my third time on your show.’” This light-hearted admission showcased Colbert’s relatable side while entertaining fans.

• Event: New Year’s Eve Live special on CNN
• Date: December 31, 2026
• Cancellation: The Late Show by CBS and Paramount
• Final Episode Air Date: May 2026
• Notable Mention: Paramount’s $108 billion takeover bid for Warner Bros. Discovery

Overall, Colbert’s candid reflections on both his career and personal insights made for a memorable segment, blending humor and honesty as he stepped into the new year.