Here’s a bold statement: even in the face of cancellation, Stephen Colbert isn’t holding back—and his three-word jab during CNN’s New Year’s Eve special proves it. But here’s where it gets controversial: Was it a witty farewell or a bitter parting shot? Let’s dive in.
During CNN’s New Year’s Eve Live with Andy Cohen and Anderson Cooper, Stephen Colbert didn’t shy away from addressing the impending end of his CBS show, The Late Show with Stephen Colbert. The appearance came just months after the contentious announcement in July 2025 that his show would be canceled—a decision CBS labeled as “purely financial.” Yet, Colbert has since slammed this reasoning, especially after Paramount, CBS’s parent company, was acquired by Skydance, putting billionaire Larry Ellison at the helm. Coincidence? Colbert doesn’t seem to think so.
As the clock ticked toward midnight, Cohen asked Colbert what the biggest lesson of 2025 had been. Without missing a beat, Colbert quipped, “Don’t trust billionaires.” And this is the part most people miss: It wasn’t just a snub at CBS—it was a broader commentary on the power dynamics in media. But is Colbert’s skepticism justified, or is he overstepping? Let’s unpack that.
The moment was classic Colbert: sharp, witty, and unapologetic. Earlier in the night, he’d playfully ribbed Cohen and Cooper for their on-air antics, calling their show a “clown show” while still toasting to the new year. Yet, beneath the humor was a clear frustration. When Cohen asked about his most memorable moment on The Late Show, Colbert replied, “Every December, when Anderson and Andy come on to promote CNN’s rockin’ eve or whatever you call this clown show I’m watching right now.” Ouch.
Here’s the kicker: Colbert’s cancellation came just days after he criticized Paramount’s settlement with Donald Trump—a move that raised eyebrows across the industry. Was his show’s end retaliation, or was it truly a financial decision? Colbert’s comments suggest he believes the former, but CBS has stood by its statement. What do you think? Is Colbert a victim of corporate backlash, or is he reading too much into the situation? Let us know in the comments.
For now, one thing is clear: Stephen Colbert isn’t going quietly. His appearance on CNN’s NYE special was a masterclass in turning adversity into opportunity—and leaving us all with something to think about as we raise our glasses to the new year. Cheers to that.
