💨 Abstract
The popular CBS late-night show "The Late Show with Stephen Colbert" is being canceled due to financial struggles. Despite high ratings, the show was losing money amid declining ad revenues and increasing production costs. CBS blamed the decision on financial reasons, but critics, including the Writers Guild of America, suggest political motivations, noting Colbert's criticism of former President Trump. The cancellation coincides with CBS's ongoing merger with Skydance, a deal that needs Trump administration approval, raising further political speculations.
Courtesy: WTOP Staff
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