David Letterman on CBS Replacing ‘Late Show’ With ‘Comics Unleashed’: “They Don’t Want to Spend Any Money”

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David Letterman is sharing his thoughts on CBS‘s decision to replace The Late Show With Stephen Colbert with Comics Unleashed With Byron Allen.

The former television host and comedian reacted to the news during a recent conversation on The Barbara Gaines Show. Letterman hosted The Late Show for more than two decades, from 1993 to 2015, and then Colbert took over.

“They don’t want to spend any money, so they’re going to make money,” he said. “They charge Byron Allen some reasonable price. He sells all the advertising for his Comics Unleashed, and it’ll be, I think, 90 minutes or two hours of comics talking about funny stuff.”

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Letterman continued, “The show is a pretty good idea. It’s all panel. Nobody’s doing any stand-up, except they’re seated doing stand-up.”

Once The Late Show signs off the air on May 21,

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