Keanu Reeves Reportedly Tapped to Lead New CBS Late-Night Show After Colbert’s Exit

In a surprising twist to the ongoing shake-up at CBS, insiders have revealed that the network is developing a new late-night program with Hollywood icon Keanu Reeves as its centerpiece. The show is expected to take over the coveted 11:35 PM time slot after The Late Show with Stephen Colbert concludes in May 2026.

While CBS has not officially confirmed the news, multiple sources close to the network say early talks are underway between executives and Reeves’ team. The project, still in its conceptual phase, is being described as a hybrid format—part talk show, part scripted satire—that would break away from traditional late-night formulas and lean into Reeves’ mysterious charisma and global fanbase.

The announcement comes just weeks after CBS shocked the entertainment world by revealing it would cancel The Late Show franchise altogether after a 33-year run. Stephen Colbert, who has helmed the show since 2015, delivered the news to viewers during a heartfelt monologue, expressing disappointment but also gratitude. Colbert’s departure marks the end of an era for politically charged, socially conscious late-night television on CBS.

Now, it seems the network is looking to take its programming in an entirely new direction. Insiders suggest Reeves was approached precisely because he is not a traditional comedian or talk show host. Instead, executives reportedly view him as a cultural figure capable of drawing in younger and more diverse audiences—especially those tuning in via streaming platforms.

“They want something cinematic, bold, and unexpected,” one CBS insider shared anonymously. “Keanu brings a different kind of credibility—he’s not just a star; he’s a phenomenon.”

Though Reeves has never hosted a show, he is no stranger to television or live audiences. His past appearance on The Late Show in 2022 left a strong impression, with Colbert himself crediting Reeves for inspiring one of the show’s most popular recurring segments. Fans have long admired Reeves not only for his performances in The Matrix and John Wick franchises but also for his humble off-screen persona.

However, some industry experts question whether Reeves can shoulder the pressures of a nightly talk show. Hosting demands quick wit, consistent energy, and comfort with spontaneity—traits typically honed through stand-up or sketch comedy. Still, the novelty factor could work in his favor.

This rumored development comes amid growing criticism of CBS following the decision to cancel Colbert’s show. The move was framed as a cost-cutting measure, but critics—including members of the Writers Guild and several political figures—have questioned the timing, pointing out Colbert’s recent on-air criticism of Paramount’s settlement with Donald Trump.

As CBS tries to reshape its late-night identity, the possible introduction of a Keanu Reeves-led show suggests a dramatic shift from the sharp political satire of Colbert to something more enigmatic, entertainment-driven, and genre-blurring.

Whether Reeves ultimately signs on or not, the buzz surrounding his potential involvement is already fueling speculation—and could mark the beginning of a bold new chapter in late-night television.