VH1, Comedy Eye Late Show

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VH1 and Comedy Central are targeting the repurposing rights for CBS' The
Late Show with David Letterman
, MTV Networks chairman Tom Freston said

Earlier last week, the Philadelphia Inquirer reported that Letterman's
production company, Worldwide Pants, was in informal talks with CBS about
reairing the show, possibly one day later, on another Viacom Inc. outlet, such
as one of its cable networks.

Comedy is 50 percent-owned by Viacom, and VH1 is wholly