Posted 32 minutes agoSubscribe to Screen Time NewsletterCaret DownStephen Colbert Spotted 1 Very Concerning Possibility Of Trump Making CBS Look "Morally Bankrupt"The Late Show host did not play nice with his corporate bosses.by Ed MazzaHuffPost WriterFacebookPinterestLinkHot Topic🔥 Full coverage and conversation on Politics Stephen Colbert offered his corporate bosses a simple math lesson after President Donald Trump claimed the company would pay up millions more than had been initially reported as part of a widely criticized settlement. Cbs Photo Archive / Getty Images CBS parent Paramount agreed to pay Trump $16 million to settle a lawsuit most legal observers believed to be without merit, but comes as the company attempts to complete a merger that requires Federal Communications Commission approval. Anna Moneymaker / Getty Images Then, the network canceled Colbert's Late Show. While the network claimed it was "purely a financial decision" due to the show losing a reported $40 million a year, Trump himself had, in the past, specifically called on the network to "terminate" Colbert's contract. Cbs Photo Archive / Getty Images Many observers believe political pressure played a role. Bloomberg / Getty Images BuzzFeed TrendingHot TopicLet's chat about all things PoliticsSee our Politics Discussions Now, Trump is claiming that Paramount also promised that the new owners will pay an additional $20 million in public service announcements, ads and similar programming. Win Mcnamee / Getty Images "Plus, they're paying his legal fees," Colbert pointed out on Wednesday, then added up the numbers. "That means by bending the knee, they lost like $40 million this year." CBS / Via youtube.com That number sounded a little too familiar. CBS / Via youtube.com "They better watch out," Colbert warned. "They might get canceled!" CBS / Via youtube.com He added: "For purely financial reasons." CBS / Via youtube.com Paramount has denied Trump's claim of an additional $20 million. Bloomberg / Getty Images Colbert said he hopes that denial is true. CBS / Via youtube.com "Because could you imagine how angry people would be? Last year, Paramount laid off 2,000 employees, then cut another several hundred just last month," he said. "Firing that many people, and then handing over 36 mil to a guy who's putting your neighbors in alligator camps, all because of a lawsuit that your own lawyers said was completely without merit. If that's true, it would make CBS look morally bankrupt. Also bankrupt." CBS / Via youtube.com See more in his Wednesday night monologue: View this video on YouTube youtube.com This article originally appeared on HuffPost.