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The Guardian - US
The Guardian - US
Entertainment
Adrian Horton

‘The economics made it a challenge’: CBS boss talks Stephen Colbert cancellation

Stephen Colbert CBS George Cheeks Donald Trump Skydance Economy Paramount
Stephen Colbert
Stephen Colbert. He called the $16m paid by CBS’s parent company to settle a lawsuit from Donald Trump a ‘big fat bribe’. Photograph: CBS Photo Archive/CBS/Getty Images

After much media consternation and criticism over the cancellation of The Late Show With Stephen Colbert, CBS chief has spoken up about the company’s decision to end the television institution after 32 years.

Speaking at a press conference following the takeover of Paramount by the media conglomerate Skydance, George Cheeks, the chair of TV media at the company, attributed the cancellation to financial headwinds faced by the format.

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