Colbert Fans Seem Unaware How Much CBS Was Losing On ‘Late Show’
Fans protesting the cancellation of “The Late Show with Stephen Colbert” on Thursday appeared to be unaware that the network lost $40 million on the program. CBS announced July 17 that Colbert’s show would end in May…
Fans protesting the cancellation of “The Late Show with Stephen Colbert” on Thursday appeared to be unaware that the network lost $40 million on the program.
CBS announced July 17 that Colbert’s show would end in May 2026, citing a lack of profitability and adding that the show itself would be retired at that time. A Fox News reporter interviewed the fans, who chanted “Save Colbert” and held a petition with over 250,000 signatures, during a segment on Thursday evening’s episode of “Jesse Watters Primetime.” (RELATED: Brian Stelter Really Wants You To Believe Late-Night Host Losing CBS Millions Was Fired Because Of Trump)
“If you are making a product that was losing you $40 million a year, would you continue making that product?” the Fox News reporter asked two women involved in the protest. “No,” three women said, with a man adding, “Absolutely not!”
“That’s what’s happening here,” the reporter told the man, who responded. “They’re losing $40 million? Then yeah, it’s a business decision.”
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Liberal celebrities and some Democrats have claimed the cancellation was due to Politics, offering conspiracy theories that Colbert was cancelled due to Paramount’s pending