More Changes In Late Night: Craig Ferguson Is Leaving

First it was Jay Leno leaving The Tonight Show, then David Letterman announced his retirement. Now, Craig Ferguson says he will leave The Late Late Show on CBS at the end of the year. Letterman "owned" that one hour time slot and had control over it but since he is leaving, that one hour reverts back to CBS control and they did not come to terms with Ferguson about salary. But because of some smart negotiating, Ferguson's contract said that if Letterman were to leave and someone other than him got the job, he would receive $5 million...which he will get.