Fox News host Greg Gutfeld is the ratings king of late night with 3.1 million average viewers, despite what Stephen Colbert may be telling his audience.

Sandra Oh criticized CBS and Paramount during her appearance on 'The Late Show with Stephen Colbert' on July 21 after its cancellation was announced. The network said it was "a financial decision," but the news came days after Colbert criticized Paramount for its $16 million settlement with President Donald Trump.

Rumors about the $40 million annual losses appeared to stem from reports published by a media outlet called Puck and the New York Post.

Byron Allen may have the last laugh when it comes to late-night television on CBS. As the network exits the world of late-night with the cancellation of The Late Show with Stephen Colbert, which is ending in May,

Seth Meyers also reacted among other prominent political figures and Hollywood stars sharing their disgust over the news that 'The Late Show With Stephen Colbert' will end its run in 2026, including Julia Louis-Dreyfus,