Home / Arts and Entertainment / Colbert Jests: Use $108B Bid to Uncancel Him
Colbert Jests: Use $108B Bid to Uncancel Him
10 Dec
Summary
- Stephen Colbert joked Paramount could use $108 billion to uncancel his show.
- Warner Bros. Discovery is subject to a $108 billion hostile takeover bid.
- Paramount's bid reportedly includes billions from Saudi Arabia and Qatar.
Stephen Colbert lightheartedly addressed Paramount's massive $108 billion hostile takeover bid for Warner Bros. Discovery on The Late Show. He humorously suggested the immense sum could be better used to 'uncancel' his own program, which is slated to conclude in May 2026.
The comedian highlighted the vast intellectual property Warner Bros. Discovery holds, including DC Comics and Harry Potter. He pointed out that Paramount's substantial bid includes significant financial backing from wealth funds in Saudi Arabia, Qatar, and Abu Dhabi, prompting satirical commentary on potential implications.
Colbert's remarks come as CBS announced the planned retirement of The Late Show in May 2026, citing financial challenges in the late-night landscape. Despite the network's statement emphasizing the decision as purely financial and performance-unrelated, Colbert's jokes offered a comedic take on corporate finances and media consolidation.
