Is Colbert’s Ouster Really Just a ‘Financial Decision’?
Building an empire takes decades. Destroying it can only take a few years, and sometimes the vandals are in the palace, not outside the gates.
For much of the 20th century, American broadcast television revolved around three networks: NBC, ABC, and CBS. William S. Paley, CBS’s longtime CEO, made sure that his company—the Columbia Broadcasting Service—was a leader among them. The network was home to Edward R.