Jimmy Kimmel Responds to Reports Colbert ‘Late Show’ Was Losing $40 Million a Year
Jimmy Kimmel denies claims that Stephen Colbert's show lost $40 million annually, citing overlooked affiliate fees contributing hundreds of millions to CBS's revenue.
- On August 18, Variety published that Jimmy Kimmel said the idea that Stephen Colbert’s show was losing $40 million a year is beyond nonsensical.
- Last month, CBS announced it would end its Late Night franchise amid reports that The Late Show With Stephen Colbert was losing $40 million annually.
- Highlighting revenue gaps, Kimmel said alleged insiders 'only be focused on advertising revenue and have completely forgotten about affiliate fees, which number in the hundreds of millions…probably in total billions'.
- Stressing the shift in viewership, he said there is little chance that this is accurate, as more people watch late-night on Instagram and YouTube.
- Supporting Colbert’s prospects, Kimmel noted he will vote for Colbert at the September awards and praised him as `very moral` and `extremely smart`.
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45 Articles
Jimmy Kimmel dismisses reports of Stephen Colbert's 'Late Show' losing $40 million a year as 'nonsensical'
Jimmy Kimmel disputed reports that Stephen Colbert's "Late Show" lost CBS $40 million annually, calling the claims "nonsensical" and citing overlooked affiliate fees.
Jimmy Kimmel says voting for Stephen Colbert at the Emmys is the 'least we could do at this point'
"I think it will be a nice statement if he does win," Kimmel adds.FOX Image Collection via Getty Stephen Colbert and Jimmy Kimmel at the 2019 EmmysJimmy Kimmel is advocating for his friend and fellow late-night host Stephen Colbert to finally nab the hard-fought-for Outstanding Talk Series win at the Emmys this year.In a conversation with Variety shortly after CBS' parent company, Paramount, announced that The Late Show will end in May amid its …
Jimmy Kimmel Defends Stephen Colbert, Slams Claims ‘Late Show’ Was Losing CBS $40 Million a Year | Just Jared: Celebrity News and Gossip
Jimmy Kimmel Defends Stephen Colbert, Slams Claims ‘Late Show’ Was Losing CBS $40 Million a Year Jimmy Kimmel is once again is sticking up for his pal Stephen Colbert. Last month, CBS shockingly announced that The Late Show with Stephen Colbert will be ending…
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