CBS' shock announcement sparked speculation over whether there was a political motive for the program's cancellation.

CBS is canceling “The Late Show With Stephen Colbert” next May, shuttering a decades-old TV institution in a changing media landscape and removing from air one of President Donald Trump’s most prominent and persistent late-night critics.

Skydance, the movie studio trying to buy CBS and Comedy Central parent company Paramount, appears eager to rid CBS of “a liberal taint.”