Jimmy Kimmel Shuts Down Claim That Stephen Colbert’s Late-Night Show Was Canceled for Losing $40M Annually

https://people.com/jimmy-kimmel-says-stephen-colbert-late-night-show-was-not-canceled-for-losing-usd40m-11793767?utm_campaign=peoplemagazine&utm_medium=social&utm_source=reddit.com&utm_content=post

25 comments

  1. TLDR:

    * [Jimmy Kimmel ](https://people.com/jimmy-kimmel-says-stephen-colbert-late-night-show-was-not-canceled-for-losing-usd40m-11793767?utm_campaign=peoplemagazine&utm_medium=social&utm_source=reddit.com&utm_content=comment)called reports that [Stephen Colbert](https://people.com/jimmy-kimmel-says-stephen-colbert-late-night-show-was-not-canceled-for-losing-usd40m-11793767?utm_campaign=peoplemagazine&utm_medium=social&utm_source=reddit.com&utm_content=comment)’s show was canceled due to an annual [$40 million loss](https://people.com/jimmy-kimmel-says-stephen-colbert-late-night-show-was-not-canceled-for-losing-usd40m-11793767?utm_campaign=peoplemagazine&utm_medium=social&utm_source=reddit.com&utm_content=comment) was “nonsensical”
    * He also claimed that late-night television is not dying, and slammed the network for “silencing comedians”
    * The cancellation comes as [CBS’ parent company Paramount ](https://people.com/jimmy-kimmel-says-stephen-colbert-late-night-show-was-not-canceled-for-losing-usd40m-11793767?utm_campaign=peoplemagazine&utm_medium=social&utm_source=reddit.com&utm_content=comment)enters a merger with [entertainment company Skydance](https://people.com/jimmy-kimmel-says-stephen-colbert-late-night-show-was-not-canceled-for-losing-usd40m-11793767?utm_campaign=peoplemagazine&utm_medium=social&utm_source=reddit.com&utm_content=comment), which requires approval from the Trump administration

  2. Well since Jimmy Kimmel said it I guess that’s the truth!

  3. Kimmel is in denial here, it’s now far easier for celebrities to go on podcasts or hot ones to promote their projects and it’s cheaper

  4. It’s probably true that it *costs* $40M annually to produce Colbert’s show, and CBS *MORE THAN* recoups that in advertising throughout the year and on the show.

  5. Maybe demonizing half of the country didn’t help?

  6. Yeah, like anyone should believe anything said by entertainment bros…

  7. Headline: Late night host defends late night talk shows, says “we are totally making money”

  8. They should combine forces and call it The Human Show. With puppies on trampolines! And just have Jon Stewart sit on the couch and not allowed to talk.

  10. Kimmel and Colbert are part of the elite. 15m per year salary. Cry me a river

  11. Kimmel defending late night shows makes sense as he hosts one but it’s absolutely dying and more importantly, doesn’t bring in subscribers to streaming platforms which clearly is what they’re pushing hence why throwing ungodly amounts of money for South Park and UFC. They will get six-figures of American monthly subscribers from those two products alone.

  14. Funny because he doesn’t even discredit that they’re losing $40 million just that it wasn’t the reason they were cancelled.

    I just like how everyone is pretending they love Colbert when we all know we all weren’t watching it on TV.

    I think there are just better things to do than listen to talk show host interview celebrities. Add in commercials and I would much rather just get sleep than stay up.

  15. Jimmy Kimmel, misogynistic and black face wearing conservative turned liberal shill doesn’t want to be the next on the chopping block, more at 11… oh wait that’ll be the next to go. Kimmel is a douchebag.

  18. Tons of comments 100% ignoring the greater Context: The network bended the knee to a penis-potato. Dictator/penis-potatoe, tomayto/tomahtoe.

    Trump is a penis-potato. That’s why this is happening.

  21. It doesn’t matter.

    Next to no one was watching Colbert anyway, and for obvious reasons.

    Next.

  22. The studios claimed The Rockford files never made any money so they didn’t have to pay James Garner anything beyond his salary. It was all creative accounting!

  24. Not surprisingly Kimmel helps out argumentatively. But in a rather clumsy way. Of all the great things Colbert did on TV I liked everything more than his Late TV show. I want Ferguson back. Or Conan.

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