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.

David Letterman unloaded on CBS and Skydance on Friday for cancelling “The Late Show,” which he launched 32 years ago, saying the network had mistreated his successor, Stephen Colbert. In an interview posted to his YouTube channel,

Sandra Oh criticized CBS and Paramount during her appearance on 'The Late Show with Stephen Colbert' on July 21 after its cancellation was announced. The network said it was "a financial decision," but the news came days after Colbert criticized Paramount for its $16 million settlement with President Donald Trump.

The Writers Guild of America has slammed Paramount’s decision to cancel The Late Show with Stephen Colbert. The WGA, which represents a slew of writers on the show, put out a strongly worded statement against the move and called for New York State Attorney General Letitia James to launch an investigation into “potential wrongdoing” at

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.

Senator Elizabeth Warren says it's a threat to all that 'The Late Show With Stephen Colbert' may have been canceled to curry favor with Donald Trump.

The cancellation of Stephen Colbert’s late-night show is apparently a sign of what’s to come for America’s media industry. Speaking with CNBC Friday, Federal Communications Commission Chairman Brendan Carr blamed the comedy show’s demise on a lack of profitability,