'Pure Cowardice!': David Letterman Tears Apart 'Gutless' CBS Over Colbert Cancellation
'I think one day, if not today, the people at CBS who have manipulated and handled this are going to be embarrassed because this is gutless,' he told former 'Late Show' producers Barbara Gaines and Mary Barclay in a Zoom chat uploaded to his YouTube page.
Letterman — in his first public comments since the network's shock announcement — called the move 'pure cowardice' before alluding to its parent company Paramount Global's $16 million settlement with President Donald Trump over his widely panned '60 Minutes' lawsuit.
The settlement raised questions as it arrived weeks before the Trump-favoring Federal Communications Commission chair approved a multibillion-dollar deal Thursday that sees Paramount merging with Skydance Media, which is headed by multibillionaire Oracle co-founder Larry Ellison's son David Ellison.
CBS has claimed that the move to cancel 'The Late Show' — hosted by a frequent Trump critic in Colbert — was 'purely a financial decision against a challenging backdrop in late night.'
While reports have indicated that the program faced financialchallenges in recent years, Letterman argued that 'goons' like David Ellison know all too well that the TV business isn't the same as it once was.
'There's no fairness to these goons. You're telling me they don't know that? These guys are bottom feeders. That's exactly what this is. Of course they know that broadcast television is withering,' he said.
'So now they just want to make sure — on top of buying something that doesn't have the same value as it had 30 years ago — they don't want to be hassled by the United States government. So they want CBS to take care of all of that mess!'
Letterman further questioned if the network was 'losing so much money' with 'The Late Show.'
'They did not do the correct thing, they did not handle Stephen Colbert — the face of that network — in the way he deserves to have been handled,' he said.
Earlier this week, Letterman uploaded a 20-minute video compilation to his YouTube page full of criticism directed at CBS during his 'Late Show' run.
While he acknowledged that the news was both shocking and a 'bummer,' Letterman told his former producers that he loves the move for Colbert, nonetheless.
'He's a martyr, good for him,' Letterman said. 'If you listen carefully, you can hear them unfolding chairs at the [Television] Hall of Fame for his induction.'
Related...
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Los Angeles Times
an hour ago
- Los Angeles Times
David Ellison is coming to Paramount with Silicon Valley cash. Can he save a classic studio?
As a deep-pocketed producer, David Ellison helped breathe new life into Paramount franchises including 'Mission: Impossible,' 'Star Trek' and 'Top Gun.' But can the high-flying son of a billionaire make a full-fledged media company airworthy again? Can he use Silicon Valley money and movie business know-how to restore the legacy of one of the entertainment industry's original studios, following a deal clinched through an act of political appeasement? Those are the questions Hollywood talent, studio rivals and insiders will be asking as Ellison takes the controls of the new Paramount, after regulators finally approved the long-awaited $8-billion merger with his Santa Monica production company Skydance Media. The deal — two years in the making, and approved by the FCC only after a $16-million settlement with Trump and promises to mindwipe any trace of DEI from the company — is expected to close Aug. 7. After that, Ellison, backed in large part by his father, Oracle Corp. co-founder Larry Ellison, will bring in his own team to face the daunting challenges. Chris McCarthy, the architect of Paramount's recent streaming strategy, is out. Paramount Pictures and Nickelodeon head Brian Robbins is also expected to exit while CBS chief George Cheeks is staying. The incoming management team includes former NBCUniversal Chief Executive Jeff Shell, who is currently a heavyweight at Ellison's bidding partner RedBird Capital. Skydance Chief Creative Officer Dana Goldberg will run the film studio, and former Netflix executive Cindy Holland will play a major role at the new company. Also joining is Sony Pictures movie executive Josh Greenstein. This may be a different team from the one that labored under outgoing controlling shareholder Shari Redstone, but it'll be contending with most of the same problems. 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