CBS could not figure out a path to profitability in an entertainment world increasingly dominated by streaming.

President Trump is celebrating the cancellation of Stephen Colbert's 'The Late Show' on CBS — and calling for even more late-night hosts to lose their jobs.

Ten years on, CBS has snatched the crown off its head. The network appears to have grown so dismayed with the state of late-night television that it has unceremoniously canceled one of the genre’s most successful stalwarts: In a statement last night,

The Writers Guild of America wants Paramount investigated for bribery after news of “The Late Show With Stephen Colbert” being canceled. Variety reports said it has “significant concerns” that the move may have been a way to bribe president Donald Trump into sanctioning Paramount’s pending acquisition by Skydance.

“Given Paramount’s recent capitulation to President Trump in the CBS News lawsuit, the Writers Guild of America has significant concerns that The Late Show’s cancelation is a bribe, sacrificing free speech to curry favor with the Trump Administration as the company looks for merger approval,” it noted (see full statement below).

This is all just going away,” host Stephen Colbert said while taping his Thursday show.