Gov. Hochul: NYC to lose hundreds of jobs after CBS cancels ‘The Late Show’

New York Gov. Kathy Hochul’s office says CBS’ sudden cancellation of “The Late Show with Stephen Colbert” will cost hundreds of local jobs — about a decade after the state wagered $16 million to keep the show in New York City.

Colbert announced the cancellation of “The Late Show” in front of a live audience at the Ed Sullivan Theater on Broadway Thursday evening. The segment was later broadcast to the millions of viewers who watch the show every night.

Colbert, who has hosted the show since 2015, said its final episode will air in May, adding that he had only been informed about the cancellation on Wednesday…

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