CBS canceled Stephen Colbert’s late-night show.

Democrat Minnesota Gov. and failed vice-presidential candidate Tim Walz, who recently appeared on the show, said:

“Stephen Colbert is the best in the business. He always told truth to power and pulled no punches. We need more of that, not less.” You might be forgiven for thinking Colbert’s job is to tell jokes.

Some Democrats in full meltdown mode call the left-wing show’s cancellation a casualty of CBS’s attempt to curry favor with the Trump administration. Sen. Adam Schiff, D-Calif., said, “If Paramount and CBS ended ‘The Late Show’ for political reasons, the public deserves to know. And deserves better.” The show’s writers demand that New York Attorney General Letitia James launch an investigation.

For those who long ago stopped engaging in the nightly pleasure of watching late night comedy when Johnny Carson retired and who stopped watching altogether post-Jay Leno-David Letterman, here’s what just happened. CBS’s parent company, Paramount, is seeking Federal Communications Commission approval for a merger. CBS called the cancellation “purely a financial decision against a challenging backdrop in late night … not related in any way to the show’s performance, content or other matters happening at Paramount.”

Colbert reportedly lost $40 million last year, despite posting the highest........

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