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Stephen Colbert Discusses Lessons From ‘Late Show’ Cancellation During New Year’s Eve Interview
Stephen Colbert criticized CBS's $40 million annual loss claim and linked the cancellation to the Paramount–Skydance merger and political pressure from former President Trump.
- On Wednesday, Late Show host Stephen Colbert pushed back at his corporate bosses when asked what he learned in 2025, and he has not held back in public responses since the cancellation was announced.
- The network explained last summer it would end the Late Show but claimed it was `purely a financial decision` and the show was losing $40 million a year.
- About four minutes into his comments, Colbert targeted billionaires and noted last month the company that fired him launched a $108 billion bid for Warner Bros.
- Many observers questioned CBS's rationale, with Jimmy Kimmel calling the corporate claims `obviously lies` and commentators noting `They don't get rich by finding that money on the side of the road, brother.`
- The decision came as Paramount pursued a merger with Skydance Media requiring FCC approval, and on CNN's New Year's Eve broadcast Colbert told Anderson Cooper and Andy Cohen `Don't trust billionaires.
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42 Articles
42 Articles
Coverage Details
Total News Sources42
Leaning Left8Leaning Right5Center12Last UpdatedBias Distribution48% Center
Bias Distribution
- 48% of the sources are Center
48% Center
L 32%
C 48%
R 20%
Factuality
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