Part 4/15:
The episode pivots sharply to the firing of Steven Colbert from CBS and the subsequent end of the traditional late-night format. Colbert’s departure and the demise of the Late Show symbolize a broader cultural shift away from the middle-aged white male monologue—an allegory for an entertainment landscape in flux.
The hosts criticize Colbert’s politicization, noting that his use of the platform as a personal sermon led to his downfall. They argue that the reliance on political content and moralizing in comedy alienates ordinary viewers exhausted from their daily struggles. This signals a decline in the old format, with other anchors like Jimmy Fallon and Seth Meyers following suit—either being sidelined or forced to adapt.