Stephen Colbert's Infamous 'Linus and Lucy' Stunt at CBS Lands Peanuts Catalog Owner a Licensing Deal

Published 06/17/2026, 9:43 AM EDT

via Imago

The season finale of The Late Show with Stephen Colbert featured a surprise musical number that was already making headlines outside the show. The episode included the classic Peanuts theme 'Linus and Lucy', which led to a behind-the-scenes discussion about music rights and licensing. What started as a comedic television moment ended with an official agreement between the parties as they struck a licensing deal after the final episode.

What seemed like a playful musical gag during the show's farewell episode quickly evolved into a real-world lesson on copyright, licensing, and music ownership.

CBS licensing deal is part of a broader effort to fight unauthorized use of music

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Lee Mendelson Film Productions has signed a licensing deal with CBS after they used Vince Guaraldi‘s 'Linus and Lucy' on the final airing of The Late Show with Stephen Colbert. The deal comes just weeks after the production began a broader copyright enforcement campaign, filing several lawsuits over the alleged unauthorized commercial use of Vince Guaraldi’s music. They targeted the U.S. Department of the Interior, the auction house Heritage Auctions, the accessories manufacturer Buckle-Down Inc., and the video game publisher GameMill Entertainment.

“The lawsuits are aimed at stopping a pattern of infringement that threatens to dilute the integrity of these protected works, the Guaraldi music legacy and other beloved creative content at risk of misuse in today’s media landscape,” LMFP said in a statement about its enforcement campaign, as per Music Business Worldwide

CBS did not disclose the financial terms of the deal. However, they added that the agreement emphasizes how important it is to secure the correct licenses for copyrighted music. They further noted that all proceeds from the settlement will go to World Central Kitchen.

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The agreement emerged from a finale that marked not only an unexpected licensing story but also the end of one of television's longest-running late-night franchises.

The reason CBS retired The Late Show as the licensing deal was taking shape

Beyond the Peanuts theme song, the episode was notable for serving as the final installment of the long-running late-night franchise. This happened after CBS chose to end the program in the face of financial pressures. Therefore, the historic franchise officially came to an end when the show signed off on May 21, with a strong ratings boost.

CBS cited high production costs and a shift in advertising dollars as the reason. The network also stressed that the decision had nothing to do with ratings or creative performance of the show. Hence, it ended an era for a program that had been a staple of the network for decades. Its conclusion was a sign of the greater challenges that traditional late-night television faces in an era of shifting viewing habits and digital competition.

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It was a strange licensing deal, created at a moment that ended one television era and preserved a music legacy to be celebrated. As The Late Show wrapped its historic run amid financial struggles across the industry, LMFP seized the opportunity to reiterate the importance of proper music licensing. The deal ended up being a charitable donation to World Central Kitchen instead of a possible copyright fight. 

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Do you think the licensing deal was the perfect final twist for The Late Show, or should the song's use have remained just a lighthearted TV moment? Let us know in the comments.

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Bias Sinha

169 articles

Bias Sinha is an entertainment writer at Netflix Junkie, where she dives into Hollywood and all things celebrity culture with a sharp, timely lens. Previously, she covered pop culture and wrote on NBA for The Times of India. With a double Master’s degree in English and Education, and over 7 years of experience across creative writing, editing, proofreading, and academic content, she blends structure with storytelling ease.

Edited By: Itti Mahajan

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