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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.
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mediagazer.com broke the news on Tuesday, May 5, 2026.
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