Colbert Bids Farewell to 'Late Show' with McCartney Finale

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  • May 22, 2026 at 2:58 AM ET
  • Est. Read: 3 Mins
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Key Takeaways

Stephen Colbert hosted his final episode of *The Late Show* on May 21, featuring Paul McCartney as the last guest. The finale included performances by Elvis Costello and Jon Batiste, along with cameos from fellow late-night hosts. Colbert made subtle jabs at CBS and Paramount throughout the show.

  • Stephen Colbert's 'Late Show' ended after an 11-year run on May 21
  • Paul McCartney performed 'Hello Goodbye' during the finale
  • The show featured cameos from Bryan Cranston, Ryan Reynolds, Jon Stewart, John Oliver, Jimmy Kimmel, and others
  • CBS canceled the show last July, citing financial reasons

Source Claims Check

1 Difference Found
All 11 publishers report consistent facts across 3 key claims. 1 point of difference noted.
ClaimStatusReason
Show Duration1 DifferenceMajority reports extended runtime; Reuters provides viewership statistics.
Colbert's Final ShowBroad AgreementStephen Colbert hosted his final episode of The Late Show on May 21, featuring Paul McCartney.
Mccartney PerformanceBroad AgreementPaul McCartney performed 'Hello Goodbye' during the finale.
Cbs CancellationBroad Agreement'The Late Show' was canceled by CBS last July, citing financial reasons.
Show Duration
Majority reports extended runtime; Reuters provides viewership statistics.
Colbert's Final Show
Broad Agreement
Stephen Colbert hosted his final episode of The Late Show on May 21, featuring Paul McCartney.
Mccartney Performance
Broad Agreement
Paul McCartney performed 'Hello Goodbye' during the finale.
Cbs Cancellation
Broad Agreement
'The Late Show' was canceled by CBS last July, citing financial reasons.
This analysis is AI-generated and may not perfectly represent each source's reporting. Always read the original articles for full context.

Stephen Colbert hosted his final episode of The Late Show on Thursday night after CBS canceled the long-running program. The finale featured Paul McCartney as the last guest, performing 'Hello Goodbye' alongside Colbert and other celebrities such as Bryan Cranston, Paul Rudd, Tim Meadows, Ryan Reynolds, Jon Stewart, John Oliver, Seth Meyers, Jimmy Kimmel, and Jimmy Fallon.

The show aired for a final time following CBS's decision last summer. Industry observers contended that the move was tied to Colbert’s relentless criticism of Trump, announced after Paramount settled a lawsuit filed by Trump for $16 million. The finale extended nearly 30 minutes beyond its usual one-hour runtime and included cameos from fellow late-night hosts.

Colbert made subtle jabs at Paramount and CBS throughout the show. Technical glitches culminated in the appearance of a black hole backstage, where Colbert confronted his future alongside Jon Stewart. Before the official start, Colbert addressed the audience, thanking the staff and calling the show 'The Joy Machine'. He downplayed the event's significance but was repeatedly interrupted by an emotional audience.

One of the few subtle references to President Trump came when McCartney relayed a story about the Beatles getting their faces covered with bright orange makeup before their appearance on 'The Ed Sullivan Show'. Colbert quipped, 'That’s pretty popular in certain circles these days.' The show ended with Colbert and McCartney going to the light box of the theater and pulling the lever to 'off', causing the theater to vanish into a green wormhole.

McCartney also performed alongside fellow musicians Elvis Costello and Jon Batiste. He shared stories about the Beatles' 1964 performance on The Ed Sullivan Show, which was filmed on the same stage as The Late Show. McCartney spoke about his after-show routine of a cheese and pickle sandwich with a margarita.

Colbert's final monologue included performances of 'Hello Goodbye' and Costello's 1997 song 'Jump Up'. The episode marked the end of Colbert's 11-year run on CBS’s late-night show, which debuted in 1993 and was originally hosted by David Letterman.

Colbert engaged in some clever misdirection during his monologue, claiming the finale would be a “regular episode” before teasing an appearance by Pope Leo. The show featured cameos from celebrity pals and culminated with a green portal opening in the studio, described as a wormhole by Neil deGrasse Tyson. Colbert was joined by Jon Stewart and other late-night hosts for a final performance of 'Hello Goodbye' alongside Paul McCartney.

The finale was part of a farewell extravaganza that had been unfolding for weeks, with A-listers such as Meryl Streep, Oprah Winfrey, Tom Hanks, Steven Spielberg, and Barack Obama appearing on the show. The end of The Late Show felt like a grand funeral for late night and the collective culture it once represented.

Colbert never stopped ridiculing Trump or the suits at CBS and its parent company, Paramount, whose decision to end his show coincided with a Paramount-Skydance merger that required FCC approval. The cancellation of The Late Show has been seen as part of a broader decline in mainstream platforms for humor that skewers the powerful.

The finale also highlighted the variety-show roots of late night, with Colbert's final music lineup including pop stars, country titans, rock bands, and Broadway greats. The show reflected on the limitations of the genre, particularly its failure to make room for hosts who weren't white, male, middle-aged avatars of societal defaults.

As traditional late-night shows face extinction, Colbert's finale served as a reminder of the value of collectivity, spontaneity, irreverence, ritual, and variety that once characterized television. The show offered an entertaining reprieve from political divisions and reminded viewers of the stakes involved in maintaining a functional society.

How this summary was created

This summary synthesizes reporting from 11 independent publishers using AI. All sources are cited and linked below. NewsBalance is a news aggregator and media literacy tool, not a news publisher. AI-generated content may contain errors or inaccuracies — always verify important information with the original sources.

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