Paramount, The Late Show and Stephen Colbert
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David Letterman unloaded on CBS and Skydance on Friday for cancelling “The Late Show,” which he launched 32 years ago, saying the network had mistreated his successor, Stephen Colbert. In an interview posted to his YouTube channel, Letterman said he does not buy the official explanation that the show was cancelled for financial reasons.
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The Late Show with Stephen Colbert airs on CBS, whose parent company, Global, is in the midst of a merger with Skydance. The reported $8 billion deal was delayed by a la
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Executive at Paramount Global can breathe a sigh of relief with FCC approval of its $8 billion merger with Skydance Media.
Paramount Global’s stock is up 25% this year. What’s driving it is the pending merger between Paramount and Skydance Media.
Sandra Oh criticized CBS and Paramount during her appearance on 'The Late Show with Stephen Colbert' on July 21 after its cancellation was announced. The network said it was "a financial decision," but the news came days after Colbert criticized Paramount for its $16 million settlement with President Donald Trump.
Kicking off Monday’s show with a joke about Trump wanting to change the name of the Washington Commanders NFL team (the “Washington Epsteins,” Colbert suggested), he walked into the Ed Sullivan Theater to loud cheers and said “This is going to be fun.” It certainly was.