On Wed, Jun 12, 2013 at 12:38 AM, JW <[email protected]> wrote:

> > Correct me if I'm mistaken, but doesn't SCG get first dibs/right of first
> > refusal at 11:35 per his most recent contract? (I know Craig has said he
> > doesn't WANT 11:35, but technically he's got the right to it.)
>
> My recollection is that's in case Dave is suddenly unable to do The
> Late Show, not the orderly ascension we're discussing.


The most recent thing I have been able to find about this is that 2012 NYT
article I linked to earlier, reporting his contract extension through 2014:

"Mr. Ferguson. His previous contracts with CBS have included what amounts
to a ''Prince of Wales'' clause, giving Mr. Ferguson the right to inherit
the late-night show in the 11:35 p.m. time period should Mr. Letterman
decide to leave. (Those clauses have never been ironclad, however, because
a network can choose to pay off the deal rather than complete the
succession, as Mr. Letterman learned when Mr. Leno was chosen to succeed
Mr. Carson in 1992.)"

It is not clear from this and other media reports if that "Prince of Wales"
clause got included in the contract extension - and obviously, CBS can get
out of that anyway if they want to, and as JW notes, Ferguson has said that
he does not really see himself at 11:35.

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