Anonymous
Jul 27, 2025 14:39 EST
Puck journalist Matthew Belloni revealed Colbert's astonishing lack of profitability Friday, hours after CNN first broke the news that the show was canceled because it was in the red.
Belloni outlined how The Late Show - whose cancelation was announced Thursday - costs $100m a year to produce, with Colbert, 61, getting paid between $15 million and $20 million a year to host.
Translation: Show was not making money. Wasn't political
Late night shows have slumped in profitability in recent years as viewers shun the format in favor of streaming services or watching content on their phones.
Advertiser revenue has slumped sharply even in the last three years, Puck reported, making it harder to pull Colbert's show out of the red.
Karim
Aug 28, 2025 14:07 EST
They are about to buy Barri Weiss' Free Press for $250 million and give her a lot of airtime. I went to her YT channel and all her latest videos from this week are under 20K views, yes 20K, not even 200K. Almost all her videos from this month (except 1) have under 100K views. But MULTIPLE videos from Colbert YT channel from this month are above 2 million views. It is ABSOLUTELY political, not just political, it's straight up blatant zionist propaganda.