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Katie Couric
With David Letterman retiring, all eyes on CBS' next move
With David Letterman retiring, all eyes on CBS' next move

The scramble to succeed late-night host David Letterman has talent handlers and Las Vegas oddsmakers shouting their picks from the sidelines. Politicians are squabbling over whether his replacement should be based in Los Angeles or New York. But those issues may be the least of the worries for CBS, which must program for a vastly different TV landscape than when it hired Letterman away from NBC 21 years ago to launch its "Late Show" franchise. The late-night field is more crowded, profits aren't what they used to be, and the audience is now a lot older. All that could lead CBS to take a gamble and try something besides another show featuring a stand-up comic and...

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