By Molly Claire Goddard
8:24am PDT, Jul 22, 2025
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America's late-night hosts are railing against Paramount and Donald Trump all while mocking the viral Coldplay moment.Following the shocking cancelation of Stephen Colbert's The Late Show, many of comedy's finest gathered together to make fun of Trump — who allegedly has to sign off on the company's merger with Skydance — and CBS with a perfectly timed kiss cam skit.
Keep reading to see who showed up for the funnyman after the stunning blow…
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Upon Stephen Colbert's return to the Ed Sullivan Theater in New York City following the cancelation of his show, Lin-Manuel Miranda and "Weird Al" Yankovic showed up during the broadcast to perform a song that would "cheer up" the audience. The two announced they'd be singing a Coldplay song, in honor of the couple who were allegedly caught cheating on the kiss camera at the band's Massachusetts show.While Miranda and Yankovic started performing "Viva la Vida," the shot panned to CNN's Anderson Cooper and Watch What Happens Live's Andy Cohen, who jokingly shared a smooch.
The camera then glazed over The Tonight Show star Jimmy Fallon and Late Night With Seth Meyers star Seth Meyers, who sipped on beers and cheered on the host.
The Daily Show's Jon Stewart and Last Week Tonight's Jon Oliver were also spotted in the audience.
However, in the most poignant and hilarious moment, the shot panned to a cartoon version of Donald Trump canoodling with the Paramount logo.
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Following the skit, Stephen Colbert sat down and realized a letter had been left on his desk."Guys, stop," the comedian said to a confused Lin-Manuel Miranda, "Weird Al" Yankovic and the audience. "I just got this note from corporate. Your song has been canceled."
"It says here this is a 'purely financial decision.' It says here that since you started playing that song, the network has lost — and I don't know how this is possible — $40 to $50 million," Colbert continued, mocking CBS' statement about the cancelation of The Late Show.
"Tell me this has nothing to do with who we just put a spotlight on," the Hamilton creator sarcastically asked.
"There's nothing in here that mentions that," the host added before poking fun at what the company said about him despite canceling the program. "It says some very nice things about you guys. 'Performance, quality, stature, irreplaceable. Signed, yours truly, the Paramount family of global entertainment properties and A.I. weapons systems.' What? That's new."
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Stephen Colbert announced that CBS and their parent company Paramount was canceling The Late Show after 33 years, with the final episode airing in May 2026."This is purely a financial decision against a challenging backdrop in late night," CBS Studios President David Stapf, CBS Entertainment President Amy Reisenbach and CBS President and CEO George Cheeks said in a joint statement. "It is not related in any way to the show's performance, content or other matters happening at Paramount."
The axing of the series comes as the company needs a sign-off by Donald Trump and the Federal Communications Commission for their merger with Skydance.
The television star recently criticized the network for settling a $16 million lawsuit with the Republican leader, calling it a "big, fat bribe."