In the wake of Disney’s acquisition of ABC and Michael Ovitz taking the No. 2 slot at the Mouse House, there’s been some speculation that when Ovitz’s former client David Letterman’s contract comes due, he might leave CBS for the Alphabet web.
Letterman may show wickedly humorous contempt for CBS’ prospective new bosses at Westinghouse, but he’s not going anywhere for at least four more years. According to industry sources, when Letterman’s contract is up at the end of this season, it’s CBS’ option to renew the deal for up to three years. “Ovitz might like to lure Letterman away,” says a source familiar with “The Late Show” host’s deal. “But before CBS forked over that $44 million deal, they made sure they had the Letterman franchise locked up for a long time to come.”
A CBS spokesman declined comment.