CBS, Stephen Colbert
Digest more
South Park’s’ Naked Trump Is a ‘Message of Hope
Digest more
There may be a new entrant in the annals of corporate hole-digging: Media titan Paramount (PARA), which owns CBS and recently said it’s canceling the top-rated "Late Show with Stephen Colbert." Paramount said it needs to cancel the Colbert show for “financial reasons” and leaked reports likely sourced to the company suggest the show loses around $40 million per year.
The silencing of jokes and jabs on network airwaves shatters a tangible demonstration of nuanced thinking, free speech and philosophical complexity.
7don MSN
CBS says its decision to end Stephen Colbert’s late-night comedy show is financial, not political. Yet even with the ample skepticism about that explanation, there's no denying the economics were not working in Colbert's favor.
The first politician to weigh in happened to be the show’s July 17 guest, Sen. Adam B. Schiff, D-Calif. He posted on social media, “Just finished taping with Stephen Colbert … If Paramount and CBS ended the Late Show for political reasons, the public deserves to know. And deserves better.”
7don MSN
CBS’ decision to cut ties with Stephen Colbert and its decades-old “Late Show” franchise come next May will leave a major hole in the format — but one that has been widening. TV networks have been cutting costs at their late-night mainstays for the past few years.