CBS

“If Paramount and CBS ended The Late Show for political reasons, the public deserves to know,” said California Senator Adam Schiff, who guested with Colbert last night before news of the show’s cancellation was made public.

“I love our hand—we have the number one person at 11:30pm for the last nine years,”CBS Chief George Cheeks told reporters Wednesday. But, he added, “the day part is challenging from an ad sales perspective.”