President Donald Trump on Tuesday denied claims that he was the sole reason for CBS canceling Stephen Colbert's talk show after the network settled a defamation case with the president.

The network announced the show's retirement earlier this month, saying "[w]e consider Stephen Colbert irreplaceable and will retire 'THE LATE SHOW' franchise at that time." CBS News and Paramount paid Trump $16 million to settle a defamation suit this month related to a "60 minutes" segment.

"Everybody is saying that I was solely responsible for the firing of Stephen Colbert from CBS, Late Night. That is not true!" Trump posted on Truth Social. "The reason he was fired was a pure lack of TALENT, and the fact that this deficiency was costing CBS $50 Million Dollars a year in losses — And it was only going to get WORSE!"

"Next up will be an even less talented Jimmy Kimmel, and then, a weak, and very insecure, Jimmy Fallon," he added. "The only real question is, who will go first? Show Biz and Television is a very simple business. If you get Ratings, you can say or do anything. If you don’t, you always become a victim. Colbert became a victim to himself, the other two will follow."

Colbert had long criticized Trump on his program.