Gutfeld! Monologues - CBS Cancels Stephen Colbert's 'Late Show'

Episode Date: July 19, 2025

As seen on Gutfeld, Greg discusses the media's reaction towards the cancellation of Stephen Colbert's 'Late Show.' Plus, Greg reacts on reports about financial reasons being behind the show's cancellation, and not low ratings. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Tucker Carlson said Ray Dalio is one of the world's smartest investors, but more important, he's likely the wisest. Make yourself read this book. That book is how countries go broke, the big cycle. In it, Dalio explains the mechanics behind big debt cycles, and what they mean for countries with big and increasing debts like the U.S. and what you should do to protect yourself. You can find it wherever books are sold,

or read a five-minute summary of the book at economic principles.org. All right. Thank you. Thank you. Thank you. All right. Just remember, be back here in an hour or the cruise ship will leave without you. It's Friday, so you know what that means. Let's welcome tonight's guest. He prefers his comedy club's dark so he can't see who's leaving.

Comedian Joe Mackey. His weekend show has people looking forward to Monday. Co-hosts of Fox and Friends Weekend, Charlie Hurts. As a former judge and comedian, his courtroom, has a two-drink minimum comedian, Fitzhaga. And she went from naughty by nature to balance of nature. Host of Kennedy's Sinks. All right, so before we get to some news stories, let's do this. Greg's leftovers.

Mm. It's leftovers where I read the jokes we didn't use this week, and as always, it's my first time reading them. So if they suck, we'll immediately transfer Joe Mackie to late night with Stephen Colbert. Speaking of, CBS announced they are indeed ending the late night comedy show, the late show with Stephen Colbert next year. Fans were shocked.

They had no idea it was comedy. And truly, it was a rough day for the show's viewer. Meanwhile, CBS says they'll replace it with something funnier, two episodes of forensic files. Jimmy Kimmel blasted the decision with a foul-mouthed post on Instagram. He would have done it on his show, but he wanted people to see it. Corinne Jean-Pierre is expected. to sit down with White House investigators in September regarding the Biden cover-up.

But first, she has to get time off from Starbucks. I know. Good for her. Yeah. On the view this week, Joy Behar reflected on her own stand-up comedy career saying, quote,

it's so hard. It's like I'm on-stage naked and everybody else has clothes. I hate to correct you, Joy, but if you're on-stage naked, nothing is hard. Amazon MGM announced they're going to reboot the 90s classic basic instinct. In this new modern version, when the woman uncrosses her legs, a dick falls out.

Yeah, I know. Probably could have been stated more elegantly. When does a dick fall out? All right. Reports of a person stuck in a canal in California turned out to be an abandoned blow-up doll. Thankfully, she was safely returned to her owner. The Department of Health and Human Services

will now end federal funding for sex changes on children. Yeah. I agree. So now if a boy wants to get rid of his testicles, he has to do it the old-fashioned way by marrying Megan Markle. A man named Daniel McCormick married conjoined twin Carmen Andrade. But he says he'll always think of her sister as the one who almost got away. I know.

Pretty good, huh? Proud of that one. 67,000 cases of power stick deodorant are being recalled by order of the FDA. Not affected by this recall? Kid Rock. Chuck Schumer claimed defunding PBS. funding PBS will cause many people to die because they won't know when hurricanes are taking

place. Yeah, because I always get my weather from the cookie monster. I'm a idiot. President Trump said he spoke with Coca-Cola and they've agreed to use real cane sugar in its soda. Not to be outdone, Arby's is now announcing that all its roast beef sandwiches will now contain meat. Good for you, Arby's. A Seattle judge has closed a local beach for rampant nudity and public sex. And it'll reopen as soon as he's done.

We'll be back with more Gutfeld. Did you know that at Chevron you can fuel up on unbeatable mileage and savings? With Chevron rewards, you'll get 20. 25 cents off per gallon on your next five visits. All you have to do is download the Chevron app and join to start saving on fuel. Then you can keep fueling up on other things like adventure, memories, vacations, daycations, quality time, and so many other possibilities. Head to your nearest Chevron station to fuel up and get rewarded today. Terms apply.

See Chevron Texcicalrewards.com for more details. And finally, Whippy Goldberg went off on Obama suggesting that Democrats were navel-gazing. claiming nobody's seen her navel in over 40 years. That was funny. All right. So yeah, CBS is canceling the late show with Stephen Colbert. I guess that makes it the late, late show with Stephen Colbert. But I bet it was a fantastic job, and I wish someone else was getting it.

It is a fantastic job. I wish somebody else was getting it. I am extraordinarily deeply grateful to the two, 200 people who work here. Next year will be our last season. The network will be ending the late show in May. And... Yeah, I share your feelings.

It's not just the end of our show, but it's the end of the late show on CBS. I'm not being replaced. This is all just going away. So, yeah, he's not being replaced. The show's gone for good, meaning he killed the brand like a female Dylan Mulvaney. I mean, that's kind of like one guy making a Big Mac so bad, they shut down the entire McDonald's. But maybe we should try to be nice about this.

If there's a first time for everything. But he mentioned a staff of about 200 people who are out of a job. But we do this show with less than 15% of that number, and some of them are disabled. That is just... And you say I don't do Make a Wish. And yet we bring in as many viewers, which is nuts when you consider that Fox can be seen in just 60s. million homes, but CBS reaches nearly 300 million Americans. But enough patting myself on the back, even though I just had it shaved.

Now, CBS said the cancellation was for financial reasons and had nothing to do with content. That's not even the funny part. But he's declined in ratings every year since we got there. He's lost more people. He's lost more people than Alejandro Mayorkas. And that decline can't be a good business model concerning Colbert was reportedly breaking in over $15 million a year. For perspective, that's the view's budget for ham.

Of course, we don't have that problem here. Like Trump, I don't take a salary. Instead, choosing to donate. to hardworking single moms who dance the afternoon shift. God bless him. But Colbert was on the wrong side of a lot of things. He almost wonder if his days were numbered when he did this. You know, it could be his show,

from long COVID, or myocarditis. If I were responsible for that, I'd request a syringe for my lethal injection. And there were lots of moments like that, which signaled the beginning of the end. Remember this? Yeah, between syringes and Chuck Schumer, Colbert sure loves to dance. with tools. Point is, somewhere along the way he forgot that the show was supposed to be fun. Hell, last night he had Adam Schiff on. I guess Randy Weingarten was busy getting her balls waxed.

But she plays pickleball, and you got to wax those balls. But some people aren't taking the news well. The biggest concern is that they feel like they have to self-censor themselves because they're afraid of what that means for retribution. And that's why I think you have people concerned about the canceling of the late show with Stephen Colbert. This shocked the media and entertainment industries. I was out with some other media reporters last night and people were staring at their phones in disbelief. So this looks to a lot of Colbert's fans like another form of capitulation by CBS to the president of the United States. Shocked.

First it's dudes who use women's restrooms, then it's the Maryland dad now, Colbert. They always pick the wrong heroes. Except for Bryant Stelter, who goes for the Italian on sourdough bread. This comes as Shane Gillis just hosted the espies. Talk about a change. Just listen to this perfect zinger.

When Caitlin Clark retires from the WMBA, she's going to work at a Waffle House so she can continue doing what she loves most, fist-fighting black women. That's our turf. Of course, others at ABC still don't get it, right, ladies? You know, hosting an award show is a tough game. Yeah, it really is.

Yeah. So I'll ask you, you think he read that room correctly? No, no, no, no. Basically, when you do an awards show, they're there to hear their name called. They are not there to laugh, number one. Fun fact, not there to laugh is printed on tickets to see Joy Behar. Right above where it says, please refrain from throwing sardines at the stage. Now, you can blame changing ways people view content, but Colbert turned what was a wacky, irreverent institution into Keith Olberman with early onset dementia.

He replaced jokes with sanctimonious lectures. It no longer mattered to him that he wasn't funny, but that he was just a better person. So you've got to wonder if Jimmy Kimmel is next. But who knows? No, no, no, no, no, no, no, no, no, no. His job might be safe. The last thing ABC wants to do is fire a black man.

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