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Stephen Colbert's Late Show: Canary in the Linear Coal Mine
UNITED STATES, JUL 21 – CBS cites $40 million annual losses and declining ratings as reasons for canceling Stephen Colbert's show amid shifting media consumption toward streaming platforms.
- Last week, CBS announced it would cancel The Late Show with Stephen Colbert next May, noting its origins in 1992.
- Amid shaky broadcast growth, the Late Show with Stephen Colbert was losing $40 million annually on $100 million production costs, and its ad revenues fell by $51 million since 2018.
- On Monday, Stephen Colbert quipped `go f--- yourself`, while Paramount Global and CBS agreed to pay $16 million to settle Trump’s lawsuit.
- The cancellation announcement spurred accusations of censorship and demands for investigations, and fans threatened network and advertiser boycotts.
- Streaming platforms are led by YouTube and are turbocharging a la carte media consumption trends, as a Skydance Media merger is expected later this year pending FCC approval.
12 Articles
12 Articles
This is the cultural subject of the hour in the United States. CBS has announced the end of the Late Show, the late-night program hosted by comedian Stephen Colbert. Officially, the television network cites financial reasons. But many see it as a favor to President Donald Trump, who has been the host for years. Decryption.
The Late Night Dumpster Fire Needs Extinguishing
Overwrought eulogies and sympathetic tributes have been rolling in since CBS announced the cancellation of Stephen Colbert’s Late Show . According to the New Yorker, Colbert’s nightly offering represents “one of the last public pipelines to some version of the truth.” Jason Zinoman wrote in The New York Times, The loss of “The Late Show” is not the death knell, but it is a death knell. The other late-night network hosts Jimmy Fallon, Seth Meyers…
Fox News' Greg Gutfeld dominates late-night television ratings as CBS ends Colbert's 'Late Show'
Fox News host Greg Gutfeld is the ratings king of late night, despite what CBS "Late Show" host Stephen Colbert tells his audience. CBS announced last week that it would cancel "The Late Show" next May at the end of its broadcast season. The show was losing a reported $40 million a year for the network, although skeptics insist the decision was meant to appease the Trump administration.Colbert discussed CBS’ reasons for canceling the show on Mon…
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