After CBS pulled the plug on Colbert’s top-rated late-night show, Dave Portnoy says the move wasn’t political — it was just business.

A new report from Puck's Matt Belloni is shedding light on the finances that led to CBS' bombshell cancellation of "The Late Show with Stephen Colbert."

The cancellation from CBS comes after Colbert criticized his parent company on-air for their $16 million settlement with Trump.

The announcement came days after Colbert spoke out against the $16 million settlement paid by CBS News parent Paramount to settle a lawsuit filed by Donald Trump.

In a wholesale late-night talk show change, CBS is exiting the space with the cancellation of the Late Show With Stephen Colbert, sunsetting the franchise that launched in 1993 with David Letterman as host. Rob Burnett, who was a writer-producer on NBC’s Late Night With David Letterman until Letterman moved to CBS in a dramatic …