The Late Show ‘s Stephen Colbert had a valid question this week when he wondered why his show was canceled for “financial reasons” when Paramount has $108 billion to flash around.

Colbert was referencing the bidding war for Warner Bros. Discovery (WBD), which has seen Netflix and Paramount Skydance making huge money offers for the company. On Monday (December 8), Paramount made a hostile counteroffer valued at more than $108 billion, despite WBD already agreeing to a deal with Netflix valued at $82.7 billion.

“Just yesterday, my beloved parent company, Paramount, reportedly launched a hostile takeover bid for Warner Bros valued at $108 billion,” the late-night host said on Tuesday’s (December 9) Late Show . “Wow. I gotta say, if my company’s got that kind of green, I’m sure they c

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