David Letterman delivered a fiery rant against CBS and parent company Paramount for cancelling Stephen Colbert’s “Late Show,” calling the decision “gutless” and “pure cowardice” as he labeled his successor a martyr of the network.

For Stephen [Colbert], I love this, because he gets to be a martyr,” former Late Show host says of his successor

When Paramount listed its slate of highly rated TV shows during its last earnings report, including "Tracker," the top rated series and "Matlock," the highest rated new series, it also listed Colbert's "The Late Show" as the highest rated broadcast late night show. "The Daily Show," also from Paramount, was the top late night show on cable TV.

Rumors about the $40 million annual losses appeared to stem from reports published by a media outlet called Puck and the New York Post.

"The Late Show" creator David Letterman slammed CBS' decision to cancel the long-running late-night franchise in may 2026 as "pure cowardice" on Friday.

David Letterman is subtly showing support for his successor Stephen Colbert after CBS' shock cancellation of "The Late Show."

A Big Apple rally in support of on-his-way-out "Late Show" host Stephen Colbert drew no more than 20 people Sunday -- with even the NYPD cops on scene quickly calling it a day since most of the demonstrators left after just a few minutes.

Fox News host Greg Gutfeld is the ratings king of late night with 3.1 million average viewers, despite what Stephen Colbert may be telling his audience.