CBS announced last month that it would not just be ending Colbert's run on the network but retiring the venerable Late Show franchise as a whole after the 2025-26 broadcast season, calling the divisive decision a "purely financial" one "against a challenging backdrop in late night."

Colbert’s predecessor on The Late Show, David Letterman, actually did go to Netflix with the long-form interview show My Next Guest Needs No Introduction. While John Oliver ’s Last Week Tonight is technically an HBO production, it appears that most people who watch it do so with an HBO Max subscription.