Colbert bitterly mocks Paramount deal with slew of pee jokes

Stephen Colbert — whose “Late Show” was axed this month following CBS owner Paramount’s legal settlement with President Trump — bitterly mocked the media giant’s upcoming merger with a series of crude pee jokes.

Taking aim at the change in Paramount’s ticker, which will go from PARA to PSKY after its deal with David Ellison’s Skydance Media, Colbert pronounced the new name as “pee-sky.”

“I’m thrilled for everyone at Paramount,” Colbert quipped Monday night, adding: “Soon, PSKY will blast hot, streaming content right in your face with hits like Yellowstone, Yellowjackets and a full variety of water sports.

“I predict PSKY will become synonymous with number one. PSKY: A pitcher of warm entertainment,” Colbert joked.

CBS has maintained that the cancellation of “The Late Show” is “purely a financial decision against a challenging backdrop in late night.”

Outraged critics have accused the network of firing Colbert to appease Trump as part of its $16 million settlement with the president, which concerned a lawsuit related to a controversially-edited “60 Minutes” interview with Kamala Harris.

The FCC greenlit the $8.4 billion sale of Paramount to Skydance – which had been in limbo for a year – just a week after it was announced that Colbert was canceled. 

Prior to the approval, Skydance made promises to slash DEI policies at CBS and appoint a media bias ombudsman to oversee the network.

“After months of delay, the deal was finally approved by FCC chairman and brilliant handsome man who Paramount officials described as ‘liquid sex’, Brendan Carr,” Colbert jabbed, flashing a photo of Carr on the screen.

Colbert also nodded to Trump’s social media posts earlier this week slamming NBC and ABC.

“Wow, ‘Concast’s’ NBC is down in viewership almost 28% this year. Their programming is terrible, their management even worse. They are an arm of the Democrat Party, and should be held accountable for that. Likewise, Fake News ABC!!! MAGA,” Trump wrote in a post.

“Networks aren’t allowed to be political pawns for the Democrat Party. It has become so outrageous that, in my opinion, their licenses could, and should, be revoked! MAGA,” he wrote in another post.

The late-night host, who has been the frontman at “The Late Show” for about a decade, told Jimmy Kimmel and Jimmy Fallon – his counterparts at ABC and NBC – to “come on in.”

“The water’s warm because of all the PSKY,” Colbert said.

Colbert tore into Paramount last week for handing over millions of dollars to Trump after the media company laid off thousands of employees.

“Last year, Paramount laid off 2,000 employees, then cut another several hundred just last month,” he said. 

Trump has said he expects an additional $20 million in advertising and public service announcements from Skydance once it takes control of Paramount, for a total $36 million settlement, confirming an exclusive report by The Post.

“Firing that many people and then handing over 36 mil to a guy who is 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 morally bankrupt. Also, bankrupt.”