Stephen Colbert tried to suggest on Wednesday’s The Late Show that there was something contradictory or even hypocritical in CBS deciding to cancel him while parent company Paramount settled in a recent lawsuit with President Trump that could lead them to giving up around $36 million.
Colbert brought out his Trump voice as he read from a Truth Social post, “One bright spot for Trump in the news right now is how much he's making my network crawl. Yesterday, Trump posted, 'Breaking news!' Yes, that is what you’re doing to the news. Tell us how this time. 'We have just achieved a big and important win in our historic lawsuit against 60 Minutes, CBS, and Paramount. Paramount/CBS/60 Minutes have today paid $16 million in settlement, and we will also anticipate receiving $20 million more from the new owners for a total of over $36 million.'"
It has been reported that The Late Show lost the network around $40 million a year, so Colbert did some mental math, “Wow, hold on, plus they're paying his legal fees. Sixteen plus 20—that means by bending the knee, they lost, like, $40 million this year. They better watch out. They better watch out. They might get canceled. For purely financial reasons. Purely.”
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