The late-night legend took aim at his former network home and David Ellison's media company, speculating that Colbert's show was canceled for political reasons.

"The people at CBS who have manipulated and handled this are going to be embarrassed,” the former 'Late Show' host says. “This is gutless”

Legendary late-night host David Letterman has labeled CBS and Skydance executives as “goons” following the controversial cancellation of The Late Show with Stephen Colbert. Letterman accused the network of political motivations behind the decision,