CBS canning Colbert’s 'Late Show' is just the beginning

Stephen Colbert’s departure isn’t just about ratings — it’s a warning about the fragility of legacy media in the Trump era

Photo courtesy CBS.

Stephen Colbert and “The Late Show” are on their way out.

CBS is canceling the show next year.

Colbert made the announcement last week, met with a cascade of boos from his usually sycophantic studio audience.

CBS said the show is losing $40 million a year and suffers from weak ratings. But the cancellation came a day after Colbert critic…