Kimmel says theres no chance Colberts show was | TV Shows

TV character Jimmy Kimmel has dismissed claims that Stephen Colbert’s Late Show was costing CBS $40 million yearly before its cancellation.

In a current interview with Variety, Kimmel staunchly defended his fellow late-night host, stating there’s not a “snowball’s chance in hell” that Colbert’s show was inflicting such a financial drain on CBS prior to its termination. Kimmel argued that these studies fail to take into account a number of income streams past conventional broadcast promoting.

Kimmel said: “I just want to say that the idea that Stephen Colbert’s show was losing $40 million a year is beyond nonsensical. These alleged insiders who supposedly analyze the budgets of the shows – I don’t know who they are, but I do know they don’t know what they’re talking about.”

He added: “They seem to only be focused on advertising revenue and have completely forgotten about affiliate fees, which number in the hundreds of millions – probably in total billions – and you must allocate a certain percentage of those fees to late-night shows.”

Kimmel additional expressed his shock at the media’s lack of understanding of their own industry. He said: “There’s just not a snowball’s chance in hell that that’s anywhere near accurate. Even that – that’s all you need to know. Suddenly, he’s losing $40 million a year?”

“Yet in the media, you’d think this is a rotting corpse – which it most certainly is not. It just doesn’t add up. It’s a great storyline for the press, but it’s simply not true,” Kimmel asserted. Kimmel also talked about that he’ll be casting his vote for Colbert at this 12 months’s Emmys.

The cancellation of the Late Show adopted Paramount (dad or mum company of CBS) settling a lawsuit from Trump, an event Colbert lampooned on his show. A merger between Paramount and Skydance was greenlit shortly after Colbert’s show was axed.

Kimmel has no intention of firming down his criticism of the president, sustaining that the nation is more and more aligning with his viewpoint. He pointed to Trump receiving some boos at a current WWE event as evidence.

That second, Kimmel said, actually “cheered” him up. “I saw him [Trump] get booed at the WWE event the other night, and it really cheered me up,” he said. “Like, you know what? If Trump is getting booed at wrestling, America is starting to catch on.”