Former late-night host David Letterman slammed Paramount and CBS on Friday for their treatment of Stephen Colbert, suggesting the cancellation may be linked to avoiding trouble with Trump.

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

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.

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.

Stephen Colbert announced "The Late Show" was cancelled three nights after revealing his summer mustache on air. Coincidence?

Byron Allen may have the last laugh when it comes to late-night television on CBS. As the network exits the world of late-night with the cancellation of The Late Show with Stephen Colbert, which is ending in May,

Former 'Tonight Show' host Jay Leno — which includes Stephen Colbert — says that current late night host 'alienate' part of their audience.