In this video, Jon Stewart and Jimmy Fallon discuss the recent cancellation of The Late Show with Stephen Colbert, which is ending in May 2026. They address the impact of the show's closure on the late-night television landscape, sharing their insights and reactions on their respective programs. The conversation provides a behind-the-scenes look at the industry changes and how these hosts are navigating the news. The video offers a timely and engaging discussion on the future of late-night TV.