The cost of producing late night programs has risen as the media industry has been upended by streaming and shifting consumer habits.

Loss of Stephen Colbert’s show is another sign of how we are losing our shared ties.

Stephen isn’t expensive. He’s a threat.

Shows with large ensemble casts, such as NCIS and FBI, could be particularly vulnerable. FBI: Most Wanted has already cycled through cast changes across its six seasons. However, we may now face even bigger shakeups — or sudden cancellations with no time to wrap things up.

The $8.4 billion merger between Paramount Global (PARA.O) and Skydance Media won approval from U.S. regulators on Thursday, clearing the way for a sale that evolved into a clash over press freedom in...

Following the Federal Communications Commission approval Thursday, one of the triumvirate of current Paramount leaders, Chris McCarthy, said that he would be leaving the company.