Colbert revealed last week that CBS would be axing The Late Show from May 2026, a move the network said was “purely a financial decision” but which came just days after its parent company Paramount a...

Letterman, like other press advocates and some Democrats, did not seem satisfied with that answer.

Letterman didn’t believe the financial hardship claims were the reason for the cancellation, instead blaming the company executives who feared Paramount’s sale to Skydance wouldn’t go through.