“Late Late Show” host Craig Ferguson may not return to CBS when his contract expires next year, sources are reporting.
According to sources, Ferguson has lost his champion with David Letterman’s retirement. He also wasn’t among those seriously considered as replacements for Letterman because network executives believe his talk show’s focus is “too narrow,” and the show hasn’t become a ratings draw.
Ferguson, whose contract expires in June 2015, has a clause that will pay him as much as $10 million if he doesn't get Letterman’s perch when he steps down, the piece notes.
Ferguson’s show is actually controlled by Worldwide Pants, Letterman’s production company, but with “Letterman out of the picture next year, Ferguson is negotiating with CBS instead of Letterman’s production company as he has in the past. And CBS isn’t negotiating back,” the story reports.
CBS has announced that Letterman's "Late Show" spot will be taken over by Stephen Colbert, as we reported previously.
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