David Letterman blasts ‘lying weasels’ at CBS over Stephen Colbert cancellation

This material may not be published, broadcast, rewritten, or redistributed. ©2026 FOX News Network, LLC. All rights reserved. Quotes displayed in real-time or delayed by at least 15 minutes. Market data provided by Factset. Powered and implemented by FactSet Digital Solutions. Legal Statement. Mutual Fund and ETF data provided by LSEG. "Late Show" host Stephen Colbert mocked people who still supported President Donald Trump amid his low approval ratings during a monologue on his show. David Letterman, who hosted "The Late Show" for decades before Stephen Colbert took over, doesn’t believe "lying weasels" at CBS are being truthful about why the program was canceled. CBS announced last year ahead of a long-planned merger that put CBS’ parent company under new ownership that "The Late Show with Stephen Colbert" would be canceled, with its final episode set for May 21. CBS insisted it was "purely a financial decision against a challenging backdrop in late night," but many believe the decision was made to appease President Donald Trump and the FCC ahead of Skydance Media’s acquisition of CBS parent company Paramount. Letterman told The New York Times he was in "disbelief" when learning