Why was The Late Show with Stephen Colbert cut?

Tonight, the final episode of The Late Show with Stephen Colbert will air on CBS. The talk show, which has been running since 1993, was previously hosted by David Letterman. The network cancelled the show in July. This came after Colbert criticized parent company Paramount for paying a $16 million settlement over an edited 60 Minutes interview with Kamala Harris, which President Trump claimed was unfair. Despite this, CBS cited financial pressures as the reason for the cancellation. So why didn’t they just work to cut costs? Today, Explained host Sean Rameswaram asks former late night host and comedian Larry Wilmore. Subscribe to our channel and turn on notifications (🔔) so you don't miss any videos: http://goo.gl/0bsAjO Vox.com is a news website that helps you cut through the noise and understand what's really driving the events in the headlines. Check out http://www.vox.com. Watch our full video catalog: http://goo.gl/IZONyE Follow Vox on TikTok: http://tiktok.com/@voxdotcom Check out our articles: https://www.vox.com/ Listen to our podcasts: https://www.vox.com/podcasts