Kimmel questions late-night's purpose as Colbert bids farewell

During a joint farewell on The Late Show, Jimmy Kimmel pressed Stephen Colbert about why late-night TV must defend its existence, prompting Colbert to point out that the format remains widely watched across multiple shows and platforms—including YouTube—despite audience fragmentation; Colbert's May 21 finale comes amid CBS's earlier cancellation of The Late Show and ongoing debate about the political and financial forces shaping late-night.