A JAW-DROPPING $40 MILLION BLACK HOLE HAS FINALLY BEEN CONFIRMED, AND IT IS SENDING SHOCKWAVES THROUGH HOLLYWOOD! The network officially admitted that Colbert’s show wasn’t just underperforming—it was reportedly draining a staggering $40 million a year straight out of their pockets. For years, executives quietly buried the bleeding ledger, but the massive financial hemorrhage could no longer be covered up… Insiders reveal that the astronomical $100 million production budget had turned the entire operation into a sinking ship. How could the number-one-rated show on television be failing this catastrophically behind the scenes? Who is truly to blame for allowing this multi-million-dollar disaster to go on for so long?
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CBS says it’s making $55 million by dumping Colbert for Byron Allen
The network has now officially confirmed the long-rumored $40 million it was supposedly losing every year on Colbert’s show.

Since the beginning, CBS has been adamant that its decision to cancel Stephen Colbert’s Late Show had nothing to do with politics, and everything to do with money—and not just the cash it tossed to the Trump administration, in a move Colbert denounced days before his cancellation was announced, to smooth over Paramount’s then-upcoming acquisition by David Ellison’s Skydance. It’s a position of stated pure economic self-interest that’s now continued past the lifespan of Late Show itself, as the network issued a statement tonight saying that it’s essentially made itself a sweet $55 million by dumping Colbert’s show.