Paramount, Stephen Colbert and CBS
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Skydance, Paramount Pictures and Global deal
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Paramount gets green light for $8 billion merger. But what is the psychic cost for company?
With this week’s FCC approval, the merger between Paramount Global and Skydance Media is expected to be completed in the coming weeks at a value of $8 billion. The question for the new company is whether the psychic cost is much higher.
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.
CBS canceled Stephen Colbert's late night show last week. By not appreciating, defending and nurturing The Late Show Paramount is muzzling its best voices, and diluting its own broadcast future.