Stephen Colbert's Final Late Show: Guests, Replacement, and Late Night Tributes (2026)

The Late Show with Stephen Colbert is coming to an end, and the entertainment world is buzzing with anticipation and controversy. This iconic show, which has been a staple of late-night television for nearly a decade, is not just saying goodbye to its beloved host but also marking the end of an era with the retirement of the Late Show brand.

The announcement by CBS has sparked a heated debate, with many questioning the network's motives. Was it truly a financial decision, given the show's consistent ratings success? Or was it a politically motivated move, linked to Stephen Colbert's critical stance towards former President Donald Trump?

As we approach the final episode, there's a sense of both excitement and sadness in the air. Here's a breakdown of what we know so far, from the logistics of the finale to the future of late-night television and Stephen Colbert's next steps.

The Final Episode

The highly anticipated last episode of The Late Show with Stephen Colbert will air on Thursday, May 21st, at 11:35 PM EST. CBS has kept the guest lineup under wraps, but we know that some big names have already paid their respects, including Pedro Pascal, Julia Louis-Dreyfus, and Tom Hanks. The week leading up to the finale has been star-studded, with appearances by David Letterman, Jimmy Kimmel, Jimmy Fallon, Seth Meyers, and John Oliver.

A Tribute from Fellow Hosts

Despite the cutthroat competition for ratings, the late-night hosts have formed a tight-knit group, often poking fun at their rivalries. On the night of the finale, both Jimmy Kimmel and Jimmy Fallon will pay tribute to Stephen Colbert by going dark. Their shows, The Tonight Show Starring Jimmy Fallon and Jimmy Kimmel Live!, will not air new episodes, a rare show of solidarity in the late-night world.

The Future of Late-Night

With the Late Show format being retired, the 11:35 PM time slot will be taken over by Byron Allen's Allen Media Group. Two of his syndicated comedy shows, Comics Unleashed With Byron Allen and the comedy game show Funny You Should Ask, will fill the void left by The Late Show. This shift marks a significant change in late-night programming, with a new format and host taking center stage.

Stephen Colbert's Next Chapter

While Stephen Colbert's future on television remains uncertain, he's already diving into new projects. In March, he revealed that he's co-writing a script for a new Lord of the Rings movie, titled Shadow of the Past, alongside Peter Jackson, Philippa Boyens, and his son, Peter McGee. This exciting development hints at a potential new direction for Colbert, one that might take him beyond the world of late-night television.

As we bid farewell to The Late Show with Stephen Colbert, we're reminded of the impact this show and its host have had on late-night television. The final episode promises to be a memorable one, a celebration of a legendary host and a format that has entertained us for years. While some may lament the end of an era, others are excited to see what the future holds for Stephen Colbert and the world of late-night television.

Stephen Colbert's Final Late Show: Guests, Replacement, and Late Night Tributes (2026)

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