David Letterman blasts ‘gutless’ CBS for cancellation of Stephen Colbert and The Late Show - Colbert’s ‘Late Show’ predecessor surmised cancellation was both a financial and political move

The far-left politics of "The Late Show" have been facing scrutiny after CBS announced last week that it was pulling the plug on Colbert's program, which will officially wrap up in May 2026.

CBS was willing to lose $40 million a year on Colbert’s “I Hate Trump Hour,” which has a $100 million budget and 200 employees who average about $250,000 a year.