Movies & TVCBS CEO George Cheeks Confirms 'The Late Show With Stephen Colbert' Was Losing "Tens Of Millions Of Dollars" Per YearJohn F. TrentAug 07, 2025∙ Paid52ShareCBS CEO George Cheeks revealed that The Late Show with Stephen Colbert was canceled after it was losing “tens of millions of dollars” per year.This Substack is reader-supported. To receive new posts and support my work, consider becoming a free or paid subscriber.SubscribeBack in July, CBS announced it was shutting down The Late Show with Stephen Colbert and ret…Continue reading this post for free, courtesy of Fandom Pulse.Claim my free postOr purchase a paid subscription.