07/22/2025
For decades, “CBS set the standard for long-form television reporting,” David A. Graham argues. But now, the network’s “ownership seems determined to demolish this legacy.” https://theatln.tc/P60detEl
On Thursday, CBS announced plans to end “The Late Show With Stephen Colbert” when the host’s contract ends next May. “Late-night personalities come and go, but usually that happens when their ratings sag,” Graham explains. “Colbert, however, has consistently led competitors in his time slot.” Although CBS said this was “purely a financial decision,” Graham continues, the network has “made a series of decisions capitulating to President Donald Trump, and the surprise choice to allow Colbert—a consistent, prominent Trump critic—to walk seems like part of that pattern.”
This in part began in 2016 when Sumner Redstone—the owner of CBS’s parent company, Paramount—surrendered control to his daughter, Shari Redstone. She then struck a deal to merge Paramount with Skydance in 2024—but the deal requires federal approval. Also in 2024, Trump sued CBS for its alleged improper editing of a “60 Minutes” interview with Kamala Harris. “He demanded $20 billion,” Graham explains, “a sum that was preposterous especially because—as most First Amendment lawyers agreed—the suit had no merit.” But he also had leverage: In winning the election, Trump had a role in “approving the proposed Skydance-Paramount merger.”
Earlier this month, CBS agreed to a $16 million settlement to end Trump’s lawsuit. “The agreement doesn’t pay Trump directly,” Graham writes, “but the network agreed to pay legal fees for him and a co-plaintiff, and to contribute to Trump’s future presidential library.” As for Colbert’s departure, “one wonders how his salary compares to the money spent to settle a dubious lawsuit.”
The recent experience of Columbia University offers a warning for CBS, Graham argues. What happened there “is the same thing Trump has done to many other adversaries: If you give him an inch, he’ll take a yard, and immediately scheme to grab a mile, too. Institutions that are willing to sacrifice their values for the government’s favor are likely to end up with neither.”