CBS canceling Colbert begs the question: Are more late night shows next?
1. CBS canceled 'The Late Show with Stephen Colbert' citing financial pressures. 2. Traditional TV viewership is declining, impacting ad revenues for media companies. 3. NBC and Warner Bros. are rebalancing by separating cable networks. 4. The late night landscape is shifting toward streaming services and sports. 5. Colbert's show reported annual losses of about $40 million affecting CBS financially.