Letterman theorized that Skydance Media, the soon-to-be owners of Paramount, wanted to avoid trouble with Trump by getting rid of Colbert, an outspoken critic of the president, before officially acqu...

Letterman, like other press advocates and some Democrats, did not seem satisfied with that answer.

Letterman surmised that Colbert's firing was so the $8 billion merger would be approved by the Trump administration.