Overview
- On National Boss’s Day, Stephen Colbert looked into a “David Ellison Appreciation Cam,” said “Mr. Ellison, I love you,” and joked it “oughta buy us a couple more months.”
- CBS announced in July that The Late Show will end in May 2026, describing the move as a purely financial decision and praising Colbert and his team.
- Coverage has noted the decision followed Colbert’s criticism of Paramount’s $16 million settlement with President Donald Trump, with no evidence presented that the two were directly linked.
- Since taking control of Paramount, CEO David Ellison has made rapid editorial moves, including hiring Bari Weiss as CBS News editor-in-chief and purchasing The Free Press for a reported $150 million.
- Reporting describes alarm inside CBS News over the changes, including at least one senior executive resignation, as House Democrats continue reviewing the Skydance–Paramount merger and the settlement.