
CBS has renewed its contracts with late night comedians David Letterman and Craig Ferguson, proving the mark of stability as rival NBC has played a very public game of late-night musical chairs.
The Late Show and Late Late Show hosts will remain
on the network through 2014. As part of the pact, Ferguson will move his
12:35 a.m. show to a larger stage at CBS’ Television City. In turn, the
network will begin co-producing the 7-year-old, Peabody Award-winning
series with Letterman’s Worldwide Pants. The latter wholly owns
Letterman’s show.
The news comes mere weeks after Letterman celebrated his 30th
anniversary as a late night host. Extending his current contract with
CBS, which has been his network home since 1993, Letterman will surpass
icon Johnny Carson as the longest-running late night host.