Old Host Takes a Stand Against CBS

Letterman claims the network’s rationale was political, not financial.

Accusation: CBS executives “lied” about the reason for cutting Stephen Colbert’s late‑night show.
Alleged motive: A $8 billion merger with Skydance and pressure from political interests, possibly the former Trump administration.
Evidence: Letterman says CBS promised a potential buyer that Colbert would pose no problem, then abruptly pulled the show after the deal closed.
Reaction: Letterman called CBS leaders “lying weasels” in an interview with The New York Times.
Context: CBS had previously cited a “purely financial decision” amid a tough late‑night climate.
Letterman’s view: He was shocked, felt the change was abrupt and inappropriate—comparing it to a familiar street suddenly turned into an adult store.
Industry outlook: He noted that late‑night shows are struggling overall and questioned how many could survive much longer.