Paramount, Stephen Colbert and Late Show
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Supporters of Stephen Colbert took to the streets of New York City following the cancellation of The Late Show. The demonstrators gathered outside the Ed Sullivan Theater and marched to Paramount’s Times Square headquarters.
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.