Stephen Colbert should bring back his iconic satirical character from The Colbert Report. It could revive sharp political comedy in today's media era.

David Letterman has not officially gone on record reacting to CBS’ shocking decision to cancel “The Late Show,” which Letterman started in 1993 and hosted for 22 years before passing the baton to Stephen Colbert, but his thoughts on the matter are quite clear thanks to a 20-minute supercut his team posted on the official …

Many questioned the timing of and motivation for the announcement, noting that Mr. Colbert hosted the most-watched show in late night television.