CBS, The Late Show and Stephen Colbert
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Skydance Media has made additional commitments to the FCC in an effort to get approval for its $8 billion merger with Paramount Global. In letters addressed to FCC Chairman Brendan Carr, Skydance’s top lawyer said Skydance will install an “ombudsman” to review “complaints of bias or other concerns” involving CBS as part of ensuring “viewpoint
The network claimed it was “purely a financial decision.” “We consider Stephen Colbert irreplaceable and will retire ‘The Late Show’ franchise in May of 2026,” CBS executives’ statement read. “We are proud that Stephen called CBS home. He and the broadcast will be remembered in the pantheon of greats that graced late night television.”