On Thursday, CBS announced that it was cancelling the long running The Late Show with Stephen Colbert. The cancellation news came just days after Stephen Colbert, a critic of Donald Trump, called out Paramount, the parent company of CBS, over its $16 million settlement with the president.

CBS is canceling “The Late Show With Stephen Colbert” next May, shuttering a decades-old TV institution and removing from air one of President Donald Trump's most prominent late-night critics.

S tephen Colbert, the CBS late-night talk show host, was unequivocal in his assessment of Paramount Global’s $16 million settlement with President Donald Trump. “I believe this kind of complicated financial settlement with a sitting government official has a technical name in legal circles,” he said. “It’s a big fat bribe.”