Stephen Colbert aired the final episode of The Late Show on May 21, 2024 [1], ending his tenure at the Ed Sullivan Theater in New York [2].
The conclusion of the program marks the end of a significant era in American late-night television. By retiring the franchise rather than appointing a new host, CBS has signaled a shift in how networks approach the traditional late-night talk show format.
Colbert hosted the program for 11 years [3]. During the final broadcast, he said, "We were lucky" [3]. The episode served as a farewell to a franchise that had existed for 33 years [3].
Reaction to the finale was divided. Some viewers and reports described the broadcast as emotional and existential [1]. Other commentary suggested the final episode lacked humor and emotion [3]. Despite these differing views, the announcement prompted widespread reactions from fans and fellow hosts across social media.
Industry observers had previously anticipated the transition. Bill Carter said, "It's going to be very unusual" [4]. The decision by CBS to retire the brand entirely, rather than seeking a successor, is a rare move for a network property with such a long history [3].
“"We were lucky."”
The retirement of The Late Show suggests a decline in the viability of the traditional network late-night model. As audiences migrate toward digital streaming and short-form content, the decision to shutter a 33-year-old brand rather than refresh it indicates that the legacy format may no longer provide the necessary return on investment for major broadcasters.
