Will Worldwide Pants Remain in Business After Letterman's Departure?

The departure of David Letterman from The Late Show has raised questions about the future of his production company, Worldwide Pants. While the immediate impact on the company's financials is uncertain, it is clear that Worldwide Pants has a robust history and diverse portfolio that could ensure its continued existence in a different capacity.

The Connection with David Letterman's Late Show

Worldwide Pants, known primarily for producing The Late Show with David Letterman, is consolidating its presence on Netflix, with a new show set to premiere in 2018. This move signals an ongoing commitment to Letterman and his legacy in late-night television. However, the company is also exploring alternative business models to sustain itself post-Letterman's departure.

Branding and Licensing

One strategy being considered by Worldwide Pants is the licensing of clips and episodes from their previous projects. The company is likely to operate in a smaller, more specialized form, focusing on branding and licensing rights. This approach would allow Worldwide Pants to monetize its extensive library of content, including previous hosts like Tom Snyder, Craig Kilborn, and Craig Ferguson's tenure on The Late Late Show.

Historical Contributions to Television

Beyond The Late Show and The Late Late Show, Worldwide Pants has made significant contributions to the television industry. Notable among them is the production of hit shows such as Everybody Loves Raymond and Ed. These long-running series generated substantial royalties, which are a reliable source of income even after the production period ends. This financial cushion could be crucial in sustaining Worldwide Pants in the future.

The Road Ahead

Despite the challenges posed by the departure of David Letterman, Worldwide Pants is well-positioned to navigate the changing landscape of late-night television. By leveraging its established brand, licensing opportunities, and a proven track record in television production, the company can continue to thrive in the entertainment industry. The future of Worldwide Pants may lie in adapting to the new realities of streaming and licensing, ensuring it remains a staple in television production for years to come.

Conclusion

The departure of David Letterman marks a significant turning point for Worldwide Pants, but it does not necessarily spell the end of the company's existence. With a solid foundation, licensing opportunities, and a rich history in television production, Worldwide Pants is equipped to adapt and emerge stronger in the changing television landscape. As the entertainment world continues to evolve, Worldwide Pants stands at the ready to take on new challenges and opportunities.