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CBS, NBC have stopped paying Letterman and Leno

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Leno, LettermanThat's what a "knowledgable source" has told The New York Post. And it's costing the late night hosts $100,000 a night each.

David Letterman owns The Late Show With David Letterman, and CBS stopped paying his company last week. At the same time, Jay Leno (who doesn't own his show) saw his paychecks stop as well. Though to clarify, I'm not sure if they receive actual paper checks or they get direct deposit.

I knew that Letterman and Leno made millions each year ($31.5 million for Letterman, $27 million for Leno), but I didn't realize that it comes out to $600,000 and $520,000 a week for each host. That's a good week's pay. I wonder if they get health benefits too? You always should factor that in when deciding on whether or not to take a job offer.

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