There has been much written about CBS' decision to cancel The Late Show with Stephen Colbert but there's been little word out of the company itself. But after Skydance's deal to takeover Paramount became official this morning,

As the supposed fallout of the Paramount/Skydance merger continues, the 2025 TV schedule is the beginning of the end for CBS’s The Late Show with Stephen Colbert. With Colbert’s surprise cancellation still lingering,

Whatever you think is going on at Paramount, it "wasn't sustainable to continue" in late night, the company maintains.