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The article reports that CBS canceled "The Late Show with Stephen Colbert," citing a financial decision unrelated to show performance. Despite speculation, Colbert and the White House denied any involvement by President Trump, with Colbert refusing to directly address whether Trump's actions influenced the show's end. CBS announced the cancellation after the show was losing around $40 million annually and shortly following Colbert’s public criticism of Paramount over a Trump-related settlement, which Colbert linked to broader financial and political concerns.
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