In light of The Late Show's cancellation and the Paramount merger, Desi Lydic, from The Daily Show, discusses potential modifications the series may be required to undertake.
In a significant shakeup within the media landscape, David Ellison has taken the helm as CEO of Paramount Global, following the corporation's merger with Skydance Media. This new leadership could potentially influence the strategic direction and content decisions of popular shows, including The Daily Show and the recently cancelled The Late Show.
The Daily Show, a staple of political satire, has Desi Lydic as a correspondent and rotating host since 2015. Lydic's tenure on the show has been marked by her sharp wit and incisive commentary, culminating in her winning the Primetime Emmy for hosting The Daily Show in 2024. She was also nominated for an Emmy in 2025, winning Outstanding Performer In A Short Form Comedy Or Drama Series.
Ellison, known for his allegiance to "fundamentals" in content, has expressed interest in steering the shows under his control back to these basics. However, the future of The Daily Show remains uncertain, with speculation that the new corporate regime might seek to make alterations to the show's content.
The cancellation of The Late Show has been met with questions and concerns in the late-night TV landscape. Financial variables are believed to have played a role in the decision, as a grim-looking financial picture has emerged. It's been alleged that Stephen Colbert's show had been losing millions for CBS over the last several years. The host himself was openly critical of his employers for settling the suit, with some insiders claiming that Colbert was essentially "daring" execs to fire him.
Jon Stewart, the former host of The Daily Show, denounced the cancellation with a fiery, on-air address about the work that hosts perform night after night. Veterans of the late-night scene, such as David Letterman and Jimmy Kimmel, have also spoken out about The Late Show's demise.
Ellison, a fan of the controversial show South Park, may bring a different perspective to the content decisions at Paramount. With the changes taking place within the media landscape right now and the shifts at Paramount, it's difficult not to wonder if The Daily Show will remain unimpacted moving forward.
The merger of Paramount Global and Skydance Media was finalised after Paramount settled its 60 Minutes-related lawsuit with U.S. President Donald Trump, which was largely considered to be the final obstacle standing in the way of the merger. As Ellison navigates his new role, the media world will be watching closely to see how this new chapter unfolds.
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