David Letterman blasts CBS and Skydance 'goons'
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Rumors about the $40 million annual losses appeared to stem from reports published by a media outlet called Puck and the New York Post.
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Fox News host Greg Gutfeld is the ratings king of late night with 3.1 million average viewers, despite what Stephen Colbert may be telling his audience.
The Federal Communications Commission approved the sale of Paramount Global after the buyer made pledges to showcase a diversity of viewpoints and root out alleged bias in CBS' news coverage.
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The comedian-centered panel series, which will be hosted and executive produced by Byron Allen, will return for Season 20.
A review by Fox News Digital found that left-wing journalists and other media figures made hundreds of appearances on "The Late Show with Stephen Colbert."