TV hosts and celebrities are reacting to news of the cancellation of "The Late Show with Stephen Colbert" and the entire franchise.

When it was announced in 2014 that Stephen Colbert would succeed David Letterman as host of the CBS “Late Show,” reaction was mixed. Letterman, who retired after helming the talk show for 22 years, had a loyal audience. At that point, Colbert was best known for playing a satirical version of himself on Comedy Central’s “The Colbert Report.”

With the hosts Merv Griffin, Pat Sajak, David Letterman and Stephen Colbert, CBS has taken many runs at late-night TV. Some were more successful than others.

After David Letterman retired from hosting The Late Show on CBS in 2015, Stephen Colbert stepped in as host of the show. But now, CBS and Colbert have revealed that The Late Show is ending forever. Not only is Colbert stepping down,

Comedian Stephen Colbert hosted the satirical ‘The Colbert Report’ before taking over ‘The Late Show’ in 2015. Read about his shows, wife, net worth, and more.

Even CNN’s Brian Stelter, no fan of Trump, said as much, writing: “The bottom has indeed been falling out of the late-night TV business model for several years now. Audience fragmentation and digital competition have led to a decline in ad revenue across the board. One insider described it as ‘cratering’ at CBS.”

Colbert, who lives in Montclair, New Jersey, isn’t being replaced, either. CBS is axing the “Late Show” entirely. The iconic program, which was previously hosted by David Letterman, has been on the air for nearly 32 years.

Netflix announced that the talk show My Next Guest Needs No Introduction with David Letterman has been renewed for its sixth and seventh seasons. The talk show kicked off in 2018 — three years after L