Worldwide Pants: Letterman's production company isn't going anywhere. The shingle, which makes Late Show, co-produces The Late Late Show With Craig Ferguson, rakes in syndication money from Everybody Loves Raymond and has an active development slate, including a game show at Nickelodeon and a Harry Connick Jr. comedy at Fox. Insiders say Letterman hasn't decided how personally involved he wants to be, though president and CEO Rob Burnett will remain at the helm. It is unlikely that Worldwide Pants will produce a late-night show post-Letterman, who, aside from Johnny Carson, has been the lone late-nighter to own his time slot. Notes one source, "CBS is buying retail when they could be buying wholesale."
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