Jeff Shell, CEO of New Paramount, shared his thoughts about the changing television landscape, especially when it comes to late at night and its economic fights.
As President of the newly merged Paramount, which SkyDance recently acquired, the former NBCUNIERSAL CEO is now again responsible for a radio network, which means that he monitors CBS and its programming and planning.
Speak to Deadline At a press event in Los Angeles on Wednesday (August 13th) Shell opened his plans for CBS, including his thoughts on the night after the recent cancellation of The late show with Stephen Colbert.
Shell noted that he was not involved in the decision on AX The late showWhat happened before the merger was officially made. However, he told the outlet that he supported the decision because late at night in his current form was no longer viable.
“Late-Night currently has a big problem,” said Shell.
While he admitted that Colberts are the same with his Late show The predecessor David Letterman, Shell, claimed: “The problem is that 80% of the number of spectators and growth on YouTube.”
Shell added that YouTube paid “45 cents on the dollar”, “they can no longer have it economically functioned economically.”
The late show will radiate his last episode in May 2026. Colbert is not replaced; Instead, the long-standing late night franchise finally ends. CBS previously cited financial reasons; However, others have speculated that the decision was made due to Colbert's criticism of Paramount's latest settlement with Donald Trump.
Shell also touched his plans for the CBS hour 10 p.m. after he was previously a supporter of NBC when he was responsible for NBCuniversal. However, he told the deadline that he had a different view of the slot from 10 p.m. on CBS and said that it was “healthier” than NBC, which indicates the success of shows as indicated Blue blood And Elsbeth.
CBS hopes for further success in the slot at 10 p.m. Blue blood Spinoff Boston Bluethat is scheduled for Friday, October 17, after his premiere in Cannes on October 12 on October 12th.
The late show with Stephen ColbertReturns, Tuesday, September 2, 11: 35/10: 35c, CBS