Stephen Colbert Wonders Why ‘The Late Show’ Was Canceled if Paramount Has $108 Billion to Offer for Warner Bros.

https://www.hollywoodreporter.com/tv/tv-news/stephen-colbert-paramount-warner-bros-bid-1236448146/

27 comments

  1. From article:

    “Wow. I gotta say, if my company’s got that kind of green, I’m sure they can afford to un-cancel one of their best shows,” Colbert said, drawing cheers from the studio audience. “CBS, you heard the people — bring back The Equalizer.”

    …

    Colbert also noted that the Paramount bid for WBD includes $24 billion from wealth funds controlled by Saudi Arabia, Qatar and Abu Dhabi. “And when the dictator of Saudia Arabia gives you billions of dollars, I’m sure there’s no catch,” he said. “In a totally unrelated story, I’m looking forward to next season’s new CBS hit comedy, Young Mohammed bin Sheldon.”

  3. Oh, Stephen… why do you ask questions for which you know the answer.

  4. It’s because Donald Trump’s penis is extremely small and completely dysfunctional.

  6. [https://www.geopoliticalmonitor.com/the-making-of-an-american-autocracy-lessons-from-hungary/](https://www.geopoliticalmonitor.com/the-making-of-an-american-autocracy-lessons-from-hungary/)

    >>Over fourteen years, Hungarians have witnessed the erosion of checks and balances, the manipulation of public perception through state-controlled media, and the enrichment of those close to the prime minister. The country is becoming an authoritarian laboratory, and a blueprint for right-wing leaders who wish to consolidate power in their home states. **Americans, however, have one final chance to step in, heed warnings from the Hungarian experience, and avert the subversion of their democracy**.<<

    article is from last year.. but with all the corporate mergers and monopolies trump has allowed… As soon as paramount bought CBS i knew stephen was out.. he knows whats going on. and hes saying as much as he can for people to understand before his exit

    We saw what they did with kimmel… and under that was broadcast sinclair.. which blocked his return in not only my area but others.. paramount aggressively going to WB is another attempt to take more control.

  7. It wasn’t ever about the money. It was 100% political.

  9. Fair question—A bid at $30/ share, over $30 billion more than The Netflix offer makes you wonder how much cash they really have? You’d think they had enough to produce “ The Late Show “ ?

  10. Welp. They have all us minions shelling out our funds to them without fail so this will never stop until the world is over

  11. It was 100% to appease their lord and savior, Donald Trump. Colbert was fired with hostile and malicious intent.

  14. pretty sure it’s because late night tv is dead. people don’t have the attention span for something with such broad (toothless) appeal. i will say that Colbert is one of the best to ever do it. he is extraordinarily funny. this dumb fuck red-herring of an administration is using it as a perceived “win”, but they probably have little to do with it. paramount knows it’s losing the competition with social media for attention.

  15. A tech Saudi monopoly? Sounds like a great thing for america and free speech!

  17. Netflix is worth over $400B. Their $72B bid for Warner (part cash, part stock) is “a check that will clear” without them breaking a sweat.

    Paramount Skydance is worth $15B. Their $108B bid — all cash, supposedly — is an amount more than 7 times the sum of every asset they own, including their entire IP library (Star Trek, Transformers, Mission Impossible, South Park etc.)

    If Paramount sought to borrow $108B from conventional banks at 7% interest, the current U.S. prime interest rate charged to banks’ absolute best customers — the interest alone would come to $7.56B per year. And compounding daily.

    If I were a WBD shareholder, I would take the Netflix offer very seriously. The Paramount offer… not so much 😕

  18. Half of me wants him uncanceled, it is what he wants. The other half knows that I’m going to be way more entertained by what he decides to do after late night.

    Colbert Report should return but anything will be a step up from late night.

  19. Because it was never about the money. It was to appease Trump. Maybe Paramount is hoping Trump will keel over dead before Colbert’s last show.

  20. Because his show was losing money hand over fist. On the other hand there are actual valuable IPs over at Warner.

  22. I think it’s called ratings, revenue and the lack of both?

  24. I might be in the minority, but I do struggle to watch the Colbert show. I’m not a fan of trump but I felt the Colbert show just became a little too political and for me it lost the entertainment factor 🤷‍♀️

  25. Haha, Paramount’s basically the Mission Impossible of debt—pure chaos!

  27. Because of the unconstitutional political pressure of course.

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