Craig Ferguson Close to a New, Better CBS Deal: Report

by | February 10, 2012 at 10:54 AM | Late Night, TV News

Craig Ferguson (Photo: CBS)

Craig Ferguson is reportedly close to a new deal that will extend his stay on CBS and give his late-night show a new, more spacious studio.

He’ll also get a “hefty” raise, says the Variety story posted here, although no dollar figures are given in the story.

The story says Ferguson’s new contract is not a done deal quite yet, but when it is, he and his “Late Late Show” on CBS will be sticking around at least through 2014. In addition, the show will soon move to a larger studio at CBS’s Television City facilities in Hollywood, the story says.

The deal signifies to us that CBS is well-satisfied with Ferguson. It also means CBS is satisfied with the stability it has now in the time period with its late-night tandem of David Letterman at 11:35 p.m./10:35c and then Ferguson at 12:35 a.m./11:35c. Both shows are more than holding their own against NBC’s duo — “The Tonight with Jay Leno” and “Late Night with Jimmy Fallon.”

The big question always is, if not now but sometime down the road: Is CBS happy enough with Ferguson to promise him the earlier Letterman slot when Dave retires (whenever that will be)?

Both of the CBS late-night shows are from Letterman’s production company, Worldwide Pants.

Watch Craig Ferguson at work — here’s his monologue from Wednesday night: