CBS canned ‘The Late Show’ over tens of millions in financial losses annually — not Stephen Colbert’s politics: sources
CBS brass say they pulled the plug on “The Late Show with Stephen Colbert” because of its punishing losses — pegged between $40 million and $50 million a year — and claim politics had nothing to do with it, The Post has learned.
The 61-year-old host got canned just days after he took a dig at the Tiffany Network over its $16 million settlement with Donald Trump over a controversial “60 Minutes” interview with Kamala Harris as the network’s parent Paramount negotiates with the Trump administration regulatory approval for its $8 billion sale to independent studio Skydance.
“I am offended, and I don’t know if anything will ever repair my trust in this company,” Colbert said of the truce in his Monday night monologue.
https://nypost.com/2025/07/18/media/cbs-ending-the-late-show-with-stephen-colbert-is-more-than-just-a-financial-loss/