Why the 'timing is terrible' with Stephen Colbert's 'Late Show' cancellation

Big news from the world of late night stunned a lot of people. Steven Colbear came on his show open last night and said it's over. Our last show is going to be in May of next year, so you still have some time with him.But uh he learned on Wednesday night according to reporting that his show would be cancelled, that his contract would not be renewed. Um obviously there the reason given by Paramount was that it just didn't make financial sense to have these shows anymore. But obviously hanging over all of thi ...