The Powers That Be: Daily

Paramount's ‘Late Show’ Exit Strategy

Jul 25, 2025
Kim Masters, a Hollywood insider and journalist, dives into CBS's surprising cancellation of The Late Show with Stephen Colbert. She discusses how this move might be more about appeasing political interests than cost-cutting. Masters also explores the potential arrival of a 'Trumpier' Paramount under new leadership, revealing fears about late-night television's decline and Hollywood’s ethical dilemmas. The conversation highlights the shifting dynamics in media and how corporate decisions influence programming and public discourse.
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INSIGHT

David Ellison's Political Stance Questioned

  • David Ellison claims to be progressive and not like his Trump-supporting father.
  • However, his actions, such as dealings with Barry Weiss, undermine this portrayal.
INSIGHT

Colbert's Cancellation Seen As Political

  • Canceling Stephen Colbert now strongly suggests political motives rather than pure economics.
  • The timing amidst the Paramount-Skydance deal fuels speculation it serves to appease Donald Trump.
ANECDOTE

Colbert's Public Cancellation Demand

  • Stephen Colbert demanded the cancellation of his show be made public immediately.
  • This led to a quick and striking on-air rebuttal from Jon Stewart.
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