CBS canned ‘The Late Show’ over tens of millions in financial losses annually — not Stephen Colbert’s politics: sources

NY Post ^ | July 18, 2025 | Charles Gasparino

[lasereye]

The networks always cancel money-losing shows. It doesn't logically follow that the cancelation MUST be about politics. OTOH keeping it on clearly would be about politics. It loses $40 - $50 million a year and largely exists to promote Democrats. There is no other possible reason to keep it on except to promote the Democrats, given that it loses gobs of money.

Someone asserted that they have 200 people on the staff. What in the world do they need 200 people for? Are they communicating with Democrats every day to get each show's talking points lined up?

Trump, meanwhile, celebrated Colbert’s canning in a Friday morning post on Truth Social.

“I absolutely love that Colbert got fired,” the president wrote.

“His talent was even less than his ratings. I hear Jimmy Kimmel is next. Has even less talent than Colbert!”

[Dilbert San Diego]

I was a bit surprised members of Congress are expressing concern over this.

Maybe I should not be surprised over anything that happens with liberals. But to listen to them, we may see a congressional investigation into the programming decisions of CBS.

I find it hard to believe that the programming decisions of a TV network are somehow the concern of Congress. But yet here we are.

[Bon of Babble]

Good. Kimmel and Fallon will be next.

I haven’t watched late night talk shows since Johnny Carson left. I remember everyone talking about his show the next day, it seemed everyone watched it.

Don’t know of a single person who watches the likes of Colbert (or Fallon or Kimmel) - or watches the puerile SNL, which hasn’t been funny since Belushi left.

[webheart]

They say politics gad nothing to do with it but politics had everything to do with it because politics was what was losing all that money. Politics was also why they kept it going for as long as they did.

[nagant]

And from the congressional Democrats who made the political accusations? .....crickets.

This is worse than a refutation. It’s a refutation by their allies.

[PeterPrinciple]

Didn’t the Biden pay a lot of money to the media? under covid and other ?

So maybe this is a result of those payments stopping..........................

[goodnesswins]

And, what caused the “losses” ya morons?

[The Sons of Liberty]

CBS canned ‘The Late Show’ over tens of millions in financial losses annually — not Stephen Colbert’s politics: sources

Are they so STUPID that they don't get the connection?

That probably means that A-Hole Colbert will turn up in some future Communist Broadcasting System (CBS) show.

[captmar-vell]

Translation: USAID dollars are no longer flowing to this DNC propaganda machine.

[EandH Dad]

Colbert’s politics are the reason why they were losing all that money. His schtick works well in California but not in the Heartland. Weird how Gutfeld is in super left New York yet he has, by far, the more popular show. I often hear people talk about Gutfeld! the next day. Then again our County Mayor Glenn Jacobs is a semi regular. Colbert’s humor isn’t as racy but it’s far more nasty toward anybody without allegiance to the DNC.

[GOPJ]

There was nothing funny about the show - it was a ‘hate Trump and MAGA’ bore. I’m amazed it lasted this long.

[No name given]

Correct.

[bobbo666]

A SNL portion is funny, the one with Josh and (sorry) the black guy. Their jokes can be hilarious, especially when they (supposedly) write jokes for “the other”. Lawdy, talk about anti-PC!
Mind, I watch that only on YouTube, can’t stand the balance of SNL — might just as well watch 60Min.

[No name given]

The Colbert sh-show couldn’t be put out of its misery soon enough.

[SaxxonWoods]

The failure to garner ratings was due to politics most don’t agree with, the resulting loss of money triggered the job loss.

There’s nothing mysterious about this.

[Lockbox]

Gee, maybe it lost money due to the show’s policy of making everything political……. But that’s too easy for most non CBS Executives to figure out…

[DiogenesLamp]

CBS canned ‘The Late Show’ over tens of millions in financial losses annually — not Stephen Colbert’s politics: sources

To be fair and accurate, it was Colbert's shitty politics that caused him to lose 40 million per year for CBS.

Had he just been funny, and kept his ignorant, nasty, evil opinion to himself, he could have kept his show, but because he kept wanting to insert his obnoxious politics into his show, his show couldn't hold an audience.

As Michael Jordan said: "Republicans buy sneakers too."

[quilterdebbie]

The original black guy was Garrett Morris (before Eddie Murphy).

[subterfuge]

As the great, late Rush Limbaugh said, these late night shows exist to create segments that are “click worthy” and go viral. Especially the political jabs at conservatives, Republicans, PTA parents and Christians.

Basically, CBS isn’t getting USAID money flowing in through the complex web of shaddy, shadow government stooges. A lot of shows are dying off for the same reason I’d bet. The money spigot has been turned off.

[GOPJ]

You’re right...