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Letterman on late-night TV’s future: ‘I would be surprised if it lasts more than a year’
Letterman said CBS was lying about the cancellation and argued late-night TV is losing its value as Colbert’s show ends after 11 years.
On May 21, 2026, The Late Show with Stephen Colbert will conclude its 11-year run, prompting former host David Letterman to accuse CBS of lying about the cancellation's reasons.
CBS officials reiterated the decision was 'unequivocally a financial decision' amid declining linear TV, but Letterman speculated the move aimed to appease the Trump administration and secure the Skydance merger.
Letterman alleged the network 'bent the knee' to Trump following a $16 million settlement, suggesting the cancellation was strategic to secure the Skydance deal rather than budgetary.
Byron Allen will replace Colbert in the timeslot, and Letterman indicated he holds no personal animosity toward the incoming host, stating, 'God bless him.'
Colbert previously noted the irony of being the 'first number-one show to ever get canceled,' while Letterman continues to label the network's handling as 'pure cowardice.