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Stephen Colbert was too good for Paramount CBS

The end of Late Night is a shameful moment in history, but it's also a pivot point

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Joy-Ann Reid
May 22, 2026
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Late night TV is all but dead, anyway, right? Colbert made it into the lifeboats before the ship went down.

Viewership of the three major network offerings is down 70-80 percent in the “money demo” (18-49) and 9 percent overall versus the peak year for the genre, 2015; the year Colbert took over The Late Show from David Letterman, Jimmy Fallon succeeded…

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