David Letterman didn't hold back in calling out Paramount for acting out of "cowardice" in canceling his former CBS program, "The Late Show."

Loss of Stephen Colbert’s show is another sign of how we are losing our shared ties.

Late-night television legend and original Late Show host David Letterman has finally spoken out about CBS’ decision to axe the show he created in 1993, describing the move as “pure cowardice.”