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Why Some People Are Claiming Stephen Colbert’s Show Could ‘Have Been Killed’ Earlier Than It Was

BBG News

Expressing it in a more natural and easy-to-understand way: The cancellation of The Late Show, which has run for 33 years, has sparked a lot more than just a simple uproar. From Jimmy Kimmel to Bowen Yang to Andy Cohen, everyone seems to have an opinion on the matter. Although Stephen Colbert is still scheduled to host episodes nightly until next May in the 2025 TV schedule, there’s a heated debate going on over political issues and potential financial losses. Some people even argue that this decision could have been made earlier than it was.

Stephen Colbert’s late-night talk show, ‘The Late Show with Stephen Colbert,’ is aired on CBS. The network’s overarching corporation, Paramount Global, is currently in the process of merging with Skydance, though this deal was temporarily halted due to a lawsuit involving Donald Trump and ’60 Minutes.’ This legal issue was eventually resolved. A source close to Skydance told the New York Post’s On the Money that if the merger hadn’t been delayed, ‘The Late Show’ might have been cancelled prematurely. They stated this point explicitly.

This venture seems to be hemorrhaging funds from all sides, with estimates suggesting it could lose over $50 million. If they had control, they would have shut it down earlier. This fellow is causing a significant amount of discontent among more than half the nation. (Word count: 46)

According to CBS, the decision to cancel The Late Show was solely due to financial reasons, regardless of the fact that Stephen Colbert is widely regarded as one of the top late-night hosts and the show was consistently ranking first in its time slot in television ratings.

Nonetheless, some found the timing of this choice to be dubious, as it occurred not long after Colbert labeled Paramount’s settlement in the lawsuit with the president (which involved a $16 million contribution to his Presidential Library) as a “generous bribe.

As a loyal advocate, I’d like to share an alternate perspective based on a reliable source close to Skydance, a company run by the Ellison family with personal links to Donald Trump. They claim that “The Late Show” was on track to incur losses exceeding those of the previous year, potentially around $40-$50 million, making it a potential candidate for termination. However, a representative from Paramount chose not to comment on this matter to the N.Y. Post. Contrary to these claims, they vehemently deny that Stephen Colbert’s show is losing more than $50 million each year.

A closer examination of the financial landscape suggests that the future of late-night shows might face challenges, as advertising rates plummet (a drop from $439 million in 2018 to an expected $220 million in 2024), and there’s a decrease in viewership on network TV for entertainment purposes.

As a devoted fan, I must acknowledge the colossal workforce behind the daily productions and the substantial earnings of the hosts, such as Stephen Colbert, who reportedly earns between $15 million and $20 million each year. Clearly, these expenses can accumulate at an astonishing rate.

The discussion persists as to whether the cancellation of “The Late Show” was due to financial necessity or political influence, but there’s no denying the impact many perceive from its absence. The team behind Stephen Colbert is said to be heartbroken, and it’s safe to assume that Jon Stewart had strong opinions about shows like Colbert’s, which take a firm stance.

As a devoted cinephile, I can’t help but sense that this cinematic saga is far from over – particularly given the ongoing broadcast of The Late Show with Stephen Colbert every weeknight at 11:35 p.m. ET on CBS. The show remains a captivating chapter in this ever-evolving tale.

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2025-07-25 21:44

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