Say what you will about IMAO; at least it seems to break even for FrnakJ, otherwise he’d scrap it.
CBS canned ‘The Late Show’ over tens of millions in financial losses annually — not Stephen Colbert’s politics: sources
NY Post | July 18, 2025 | Charles GasparinoCBS 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.
To be sure, there is some idle water-cooler chit-chat about the off-the-books losses of between $40 million and $50 million a year on interns, but who among us has ever tracked expenses obsessively?
Don’t Interns eventually pay for themselves?
Yes, yes they do.
Salvatore Tessio: [to Hagen] Tell Colbere it was only business. I always liked him.
“pegged”