Rumors about the $40 million annual losses appeared to stem from reports published by a media outlet called Puck and the New York Post.

President Donald Trump gleefully announced on Tuesday that Paramount had paid its $16 million settlement—while confirming that he expected millions more in a side deal. “BREAKING NEWS! We have just achieved a BIG AND IMPORTANT WIN in our Historic Lawsuit against 60 Minutes,

President Donald Trump claimed that Skydance Media, once its deal to merge with Paramount Global is approved, is expected to contribute $20 million in advertising, public service announcements or “similar programming,

Paramount, Skydance and National Amusements' push for FCC approval of their pending $8 billion merger deal continues, with representatives from the three companies meeting with the agency's lone Democrat commissioner Anna Gomez.

Show” star Jimmy Fallon quipped he may be the next late-night host to get canned as he blasted CBS for pulling the plug on Stephen Colbert. “I am your host. Well, at least for tonight,” Fallon said during Monday’s monologue.

Colbert savaged CBS parent company Paramount’s attempt to spin the cancellation of his show as due to financial losses with a pointed Trump settlement jibe. The post Stephen Colbert Savages CBS for Late Show ‘Financial Losses’ Spin: ‘Where Would Paramount Have Possibly Spent the Other $16M?

Days after its first elimination of the season, a hit CBS reality TV show is climbing the Paramount Plus chart, proving it still has what it takes.

Stephen Colbert gained a little help from his friends and late-night rivals on Monday, his first night back on-air since announcing that CBS is ending the legendary show.