Stephen Colbert shocked morning audiences on the TODAY Show, confessing he wants ‘no regrets’ before closing his Late Show chapter next summer. In an emotional sit-down, the beloved host revealed not just his plans after CBS—but hinted at a daring new project that could reunite him with some of TV’s biggest names. Fans were left moved by his vulnerability yet buzzing with speculation that Colbert is quietly preparing the boldest reinvention of his career. With the masterful guidance of Al Roker and his co-hosts, Stephen seemed to have plenty to share.

In a moment that had bleary-eyed morning viewers reaching for tissues instead of their coffee mugs, Stephen Colbert bared his soul on NBC’s TODAY Show Tuesday, dropping jaws and hearts with a raw confession about his impending farewell from The Late Show. With just eight months until CBS pulls the plug in May 2026, the comedy kingpin, 61, vowed to chase “no regrets” in his final act – and teased a jaw-dropping new venture that could resurrect TV’s golden age with A-list firepower.

The Peacock Network’s sun-drenched studio buzzed like a beehive as Al Roker, the weatherman wizard with his signature grin, kicked off the hour with a booming welcome. Flanked by co-hosts Craig Melvin, the smooth-talking anchor with eyes like laser beams; Savannah Guthrie, the poised powerhouse radiating empathy; Jenna Bush Hager, the bubbly Texan spilling sisterly warmth; and Sheinelle Jones, whose infectious energy lit up the set like fireworks – the TODAY crew enveloped Colbert in a group hug that screamed family reunion. “Stephen, you’re like the funny uncle we never knew we needed,” Roker quipped, easing the funnyman into the hot seat as the audience – a mix of bleacher-sitters and remote watchers – erupted in applause.

But beneath the laughs lurked something deeper. Colbert, dapper in a crisp navy suit that couldn’t hide the vulnerability etching his famous smirk, leaned into the couch like a man unburdening a decade’s worth of punchlines. “Look, folks,” he began, voice cracking just enough to send chills down spines, “I’ve got eight months left on this wild ride with CBS. May 2026 – that’s the curtain call. And I? I want no regrets.” The studio fell pin-drop silent, Guthrie’s hand instinctively reaching for his, her eyes misty as she nodded. “It’s not goodbye to late-night,” Colbert continued, his trademark wit sharpening into something profoundly personal. “It’s ‘see you later’ – with a twist.”

Whispers had swirled for weeks about CBS axing The Late Show amid shifting viewer tides and network shake-ups, but Colbert’s sit-down turned rumor into revelation. Sources close to the host (who shall remain nameless but rhyme with “insider”) spill that execs cited “evolving media landscapes” – code for streaming wars and TikTok takeovers – as the grim reaper. Yet here was Colbert, not crumbling, but conquering: eyes sparkling with mischief as he hinted at “Project Phoenix,” a “daring reinvention” that could beam him back to the small screen in ways fans never dreamed.

Speculation exploded faster than a viral meme. Is it a Daily Show redux, roping in Jon Stewart and old Comedy Central comrades? Or a dream-team podcast-turned-TV hybrid, luring heavy-hitters like Jimmy Fallon, James Corden (post-exile), and even Oprah for unfiltered gabfests? “Picture this: Colbert, Kimmel, and Conan O’Brien in a no-holds-barred roast-fest,” one Hollywood insider dished to Tabloid Tidbits. “It’s the Avengers of late-night – bold, boundary-pushing, and bankrolled by a mystery mogul.” Fans flooded X (formerly Twitter) with heart emojis and hashtags like #ColbertComeback and #NoRegretsReunion, one devotee tweeting, “Stephen’s vulnerability? Chef’s kiss. But that project hint? I’m packing my bags for the afterparty!”

As the segment wrapped, Roker – ever the heart of the show – pulled Colbert into a bear hug, whispering something that left the host chuckling through tears. Melvin cracked a joke about “Colbert-proofing” the weather forecast for emotional downpours, while Guthrie, Bush Hager, and Jones piled on with promises of TODAY cameos in whatever wild world Colbert conquers next. “You’re family, Stephen,” Guthrie declared, her voice a balm. “Wherever you go, we’ll be watching – and cheering louder than Al’s forecasts.”