"We're all basically operating a Blockbuster kiosk inside a Tower Records." That's how Jon Stewart described the state of late night shows and network television in Monday's episode of "The Daily Show" — like two once-powerful,

Why did CBS cancel "The Late Show with Stephen Colbert"? And is this a harbinger of doom for all of late-night TV?

Stephen Colbert's The Late Show is the most-watched late-night show in the country, so if CBS couldn’t make late-night work, who could?

CBS parent Paramount insists that this week's decision to cancel Steven Colbert's “Late Show” was strictly financial, and had nothing to do with politics.

Jon Stewart lambasted CBS' decision to cancel "The Late Show" with Stephen Colbert from his perch at Comedy Central's "The Daily Show."