Late Night's Last Laugh

Critics at Large | The New Yorker · Jul 31, 2025 · 51m

Two weeks ago, when Paramount cancelled “The Late Show with Stephen Colbert,” insiders in Hollywood and Washington alike deemed the move suspicious: Colbert had just called his parent company’s payout to Trump a “big fat bribe” on air. Paramount, for its part, claims that the decision was purely financial—Colbert’s show is losing forty million dollars a year. But both the political and economic explanations reveal how the landscape of late night has changed since Johnny Carson’s day. On this episode of Critics at Large, Vinson Cunningham, Naomi Fry, and Alexandra Schwartz consider Colbert’s…