Last month, CBS canceled The Late Show with Stephen Colbert despite the fact that it is often the highest rated late-night show. Part of the reason may be political, but it’s also being heralded as the beginning of the end for late-night comedy, whose audience has aged and dwindled. It’s a sad end for a role that was once seen as so powerful that it inspired films like The King of Comedy, The Late Shift and, more recently, Late Night with the Devil.
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