Former Late Show host David Letterman has made his first direct comments about the cancellation of the CBS late-night franchise — and they aren’t positive.

Loss of Stephen Colbert’s show is another sign of how we are losing our shared ties.

In 2024, Paramount’s broadcast and cable television business had an operating income of about $4.3 billion, down roughly 9 percent from the $4.8 billion it made the year before.