CBS cancels Stephen Colbert's late-night show
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Colbert followed “The Daily Show” host Jon Stewart’s attack of the deal one week earlier. Stewart works for Comedy Central, also owned by Paramount, making the two comics the most visible internal critics of the $16 million settlement that was announced on July 1.
The second extension of the Skydance Media merger follows Paramount’s $16million settlement with Donald Trump.
In meeting with FCC officials, Skydance's David Ellison promised that CBS's "editorial decision-making reflects the varied ideological perspectives of American viewers."
Show' host's comments came shortly before it was announced that CBS has canceled 'The Late Show With Stephen Colbert.'