TOI correspondent from Washington: American late-night television, that unique, risque institution where presidents are mocked, celebrities flattered and the audience applauds on cue, is preparing for a funeral. After 33 years, CBS is pulling the plug on The Late Show with Stephen Colbert, with its eponymous host taking his final bow this week – ending not merely a show, but perhaps an era when comedians doubled as the political opposition.

Late-night television is currently in the ICU of the TV world, and it’s doubtful whether it’ll make it out alive.

TOI correspondent from Washington: American late-night television, that unique, risque institution where presidents are mocked, celebrities flattered and the audience applauds on…