The Late Show with Stephen Colbert is an American late-night talk show hosted by Stephen Colbert that premiered on September 8, 2015. It is taped at the Ed Sullivan Theater in New York City and airs Monday to Thursday at 11:35 p.m. ET/PT. The show is the successor to David Letterman's Late Show and has a strong focus on political satire and current events. Despite being the highest-rated American late-night talk show for nine consecutive seasons, CBS announced in July 2025 that the show and the Late Show franchise will end in May 2026 for financial reasons, drawing some controversy given the show's popularity and Colbert's political commentary.