David Letterman slammed CBS's decision to cancel Stephen Colbert's Late Show, calling it "pure cowardice." In a YouTube video, Letterman speculated the cancellation was to appease Skydance CEO David Ellison, the incoming Paramount chairman. He criticized CBS's handling of Colbert, suggesting the financial reasons cited were pretextual. Letterman believes the move was politically motivated and aimed at pleasing Ellison, even calling him a "bottom feeder."

Prepared by Emily Rhodes and reviewed by editorial team.