CBS closes in on new Letterman pact

Deal would take 'Late Show' host through 2014

CBS is in negotiations with David Letterman and Craig Ferguson to renew its latenight combo.

Letterman’s Worldwide Pants banner produces and owns both “The Late Show With David Letterman” and “The Late Late Show With Craig Ferguson.”

Letterman’s deal is believed to expire in late August. Sources close to the situation said Letterman’s new pact is essentially done in principal for and will take the host through 2014 — some 21 years after he joined the Eye in 1993.

“As would be expected at this time, we’re having conversations with both Dave and Craig about future years,” CBS said in a statement Thursday.

Letterman’s decision to renew is not a surprise, as his yakker is enjoying its most competitive showing in years against NBC’s “The Tonight Show.”

The status of Ferguson’s deal is unclear, but sources indicated that CBS expects him to sign up for another hitch. The longer-term question looming for Ferguson and CBS is whether he will be assured of inheriting the “Late Show” helm once Letterman decides to sign off. That issue may be a negotiating point for Ferguson’s camp in this round of contract talks.

A rep for Worldwide Pants declined comment.

More TV

  • Black-ish

    SAG Awards Nominations Continue Strong Diversity Showing

    CBS is in negotiations with David Letterman and Craig Ferguson to renew its latenight combo. Letterman’s Worldwide Pants banner produces and owns both “The Late Show With David Letterman” and “The Late Late Show With Craig Ferguson.” Letterman’s deal is believed to expire in late August. Sources close to the situation said Letterman’s new pact […]

  • GLOW

    'GLOW' Ties 'Big Little Lies' and 'Stranger Things' for Most SAG Award Nominations

    CBS is in negotiations with David Letterman and Craig Ferguson to renew its latenight combo. Letterman’s Worldwide Pants banner produces and owns both “The Late Show With David Letterman” and “The Late Late Show With Craig Ferguson.” Letterman’s deal is believed to expire in late August. Sources close to the situation said Letterman’s new pact […]

  • TV Ratings: ABC Tuesday Comedy Lineup

    TV Ratings: ABC Tuesday Comedy Lineup Rises

    CBS is in negotiations with David Letterman and Craig Ferguson to renew its latenight combo. Letterman’s Worldwide Pants banner produces and owns both “The Late Show With David Letterman” and “The Late Late Show With Craig Ferguson.” Letterman’s deal is believed to expire in late August. Sources close to the situation said Letterman’s new pact […]

  • Big Little Lies HBO

    HBO Defends 'Big Little Lies' Golden Globes Entry as a Limited Series

    CBS is in negotiations with David Letterman and Craig Ferguson to renew its latenight combo. Letterman’s Worldwide Pants banner produces and owns both “The Late Show With David Letterman” and “The Late Late Show With Craig Ferguson.” Letterman’s deal is believed to expire in late August. Sources close to the situation said Letterman’s new pact […]

  • SAG Awards Snubs and Suprises

    SAG Nominations: 16 Biggest Snubs and Surprises

    CBS is in negotiations with David Letterman and Craig Ferguson to renew its latenight combo. Letterman’s Worldwide Pants banner produces and owns both “The Late Show With David Letterman” and “The Late Late Show With Craig Ferguson.” Letterman’s deal is believed to expire in late August. Sources close to the situation said Letterman’s new pact […]

  • Three Billboards Stranger Things

    SAG Award Nominations Scorecard: Fox Searchlight, Netflix Top List

    CBS is in negotiations with David Letterman and Craig Ferguson to renew its latenight combo. Letterman’s Worldwide Pants banner produces and owns both “The Late Show With David Letterman” and “The Late Late Show With Craig Ferguson.” Letterman’s deal is believed to expire in late August. Sources close to the situation said Letterman’s new pact […]

  • SAG Nominations 2018: Netflix vs. Amazon

    SAG Nominations 2018: Netflix Scores, Amazon Flops, Broadcast Nets Trail

    CBS is in negotiations with David Letterman and Craig Ferguson to renew its latenight combo. Letterman’s Worldwide Pants banner produces and owns both “The Late Show With David Letterman” and “The Late Late Show With Craig Ferguson.” Letterman’s deal is believed to expire in late August. Sources close to the situation said Letterman’s new pact […]

More From Our Brands

Access exclusive content