Colbert may not be able to sit anywhere he wants when his series ends, but he’s definitely going to have a few seats to choose from.

Colbert confirmed the cancellation during a show taping on Thursday. CBS said the move was "purely a financial decision against a challenging backdrop in late night."

Colbert, who already has 10 Emmys to his name, was previously honored for "The Colbert Report" on Comedy Central and his most recent win for his special, audaciously titled "Stephen Colbert's Election Night 2020: Democracy's Last Stand: Building Back America Great Again Better 2020."