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TexasBushwhacker

(21,317 posts)

18. It WAS for financial reasons

Reply to Beartracks (Reply #2)

Sat May 30, 2026, 04:21 PM

Saturday

It just had nothing to do with Colbert's ratings, which were the highest in the late night time slot.

The reason was because Shari Redstone wanted the merger with Skydance to go through. It cleared all of Paramount/CBS's sizeable debt and she walked away with $500 Million.

Viewership of live TV is down for everything but sports. People have switched to streaming, so they can watch at their convenience. If the broadcast networks haven't figured out how to monetize that, it's THEIR PROBLEM. It has nothing to do with the programs being watched.

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