Credit: The Late Show with Stephen Colbert When we started the Late Show in 1993, we had the same goals everyone doing talk shows has: make people laugh and never threaten a corporate merger. If Colbert had been #1 and nominated for an Emmy two days prior none of this would have happened.

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,

CBS’ decision to cut ties with Stephen Colbert and its decades-old “Late Show” franchise come next May will leave a major hole in the format — but one that has been widening. TV networks have been cutting costs at their late-night mainstays for the past few years.