Belly up, fired, and retired

We still have the Stephen Miller Tour. Airplane ride straight to a country you've never set foot in.

hutch wrote:
Colbert Show

Predictable political decision

Letterman’s response "You can’t spell CBS without BS."

hutch wrote:
Colbert Show

Predictable political decision

so the official line is that this was a financial decision: Colbert has a yuge contract and CBS is paying him $$$.  late night television is a dying platform, and the writing was on the wall: revenue is going to fall below where it was profitable to keep making the show. 

i wonder how true that it, and if so how much it contributed to the decision to cancel… couldn't they have renegotiated?  maybe Colbert wanted out, and this dramatic exit serves his future plans?

(fake story going around that he is teaming up with rachel maddow)

so I do think there were lots of things in play, I think Trump was a factor, but not the only factor by any means

Late night is not what it used to be, most only watch clips on youtube/insta and don't really watch the actual show
So why would advertisers pay to be a part of that

I've seen variations of this a few times:
Stephen Colbert’s The Late Show was reportedly losing about $40 million per year, primarily due to its high production costs—which included Colbert’s salary (estimated $15–20 million), a roughly 200-person staff, and expensive studio operations—against declining ad revenue
The show's annual production cost was over $100 million (including talent, crew, studio, and overhead)
Ad revenue for The Late Show dropped from around $121 million in 2018 to approximately $70 million in 2024

if it's losing 40 mill a year, even if Colbert did it for free, wouldn't cover it
I think it would be impossible to find $50 million in savings (as you have to make some money to make it worth it)

Ad revenue dried up fairly dramatically

I really do believe the economics are truly the main reason. With cable options, late night is just not the cultural/ratings juggernaut it needs to be to cover those costs. The entire recent season of Hacks literally is based around a hypothetical network considering cancelling its late night show because its financially unviable unless the show is in first place in its time slot. This is not out of nowhere.

Not everything has to make money. They should have not canceled it if they gave a shit about their image and the message it sends to a lot of people…not now. You know, there are loss leaders and things you invest in and things you don’t do.

Personally I think they canceled it as a good faith gesture towards Trump. Surely Paramount could have absorbed some losses and not done it now right after they paid Trump a bribe.

You all pretty naive and simple seeing it as simply dollars and cents. When you all going to wake up??

Whatever happened to a broadcast corporation giving a shit about the country they operate in?

Oh yeah that’s right FASCISM: govt and business hand in glove with the sheeple going “oh yeah nothing to see here just regular market based decisions”


Shooore

Insanity-Hatch wrote:
Late night is not what it used to be, most only watch clips on youtube/insta and don't really watch the actual show
So why would advertisers pay to be a part of that

there is a direct parallel between that, and what happened to music: far fewer albums are sold = no one watching full show on tv/cable; music fans getting their tunes on spotify/youtube/etc = watching clips of tv show on yt/insta

musicians can fall back on concerts - which actually creates jobs for a lot more people (roadies, drivers, security, management, etc.)

i guess (some) late-night hosts could hit the stage, do comedy gigs, etc… that could work for colbert and maybe a few of his writers, but most of those 200 other staff will need to start shipping out their resumes

hutch wrote:
Not everything has to make money. They should have not canceled it if they gave a shit about their image and the message it sends to a lot of people…not now. You know, there are loss leaders and things you invest in and things you don’t do.

i applaud your idealism, but zero chance a network will eat $40-50M per year to make a political point… especially one that could result in even more financial pain.

hutch wrote:
Not everything has to make money. They should have not canceled it if they gave a shit about their image and the message it sends to a lot of people…not now. You know, there are loss leaders and things you invest in and things you don’t do.

i applaud your idealism, but zero chance a network will eat $40-50M per year to make a political point… especially one that could result in even more financial pain.

Yeah, I can't see a major corp like CBS being like 'yeah this 50m is no big deal', what I read is they waited too long
Now had they planned to do it this week, well that I don't know and is the suspect part of all this.

Also this is CBS entertainment, not their news, which is the part that is to be a loss leader

Now that $16mill payment, that is a whole other talk show.  I do think that mgmt was like 'fuck that dick, we pay him more than that a year and he's going to tell us our shit stinks, well he can pound sand' more than DJT calling them up and saying fire him

Ridiculous. They just found out it’s losing money the day after Colbert roasted them on a spit? It was profitable before?

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Nectar's


:'(

No mag train for you!

Sean P. Duffy, the U.S. Department of Transportation Secretary, cancelled two grants that would've funded the proposed high speed MagLev train between Baltimore to Washington, D.C.


I guess the logic is Biden liked trains so it’s gotta go

That’s a shame…
Before his first election Trump talked a lot about our transportation infrastructure and how behind Europe we are…dead right…guess he’s not going to do a thing about it…

There was oodles of local opposition to that plan, major environmental impact the like..  loads of yard signs against the plan

kosmo wrote:
There was oodles of local opposition to that plan, major environmental impact the like..  loads of yard signs against the plan

shocking, from the MD crowd in the wealthy suburbs north of the city, just shocking
edit…well, that it went through PG county…so less nimby than the MoCo crowd


Around 75% of the route underground
The full DC–Baltimore ride was projected to take about 15 minutes

I think this is the real issue IMO
This was designed as the initial phase of the Northeast Maglev link to eventually extend to NYC in under an hour total trip time

Would have been great.

This is where dictators should have the advantage. Doubt signs stop the CCP

Trust me full on NIMBY going ons in my neck of PG county

Phanick!-Hatch wrote:

Around 75% of the route underground
The full DC–Baltimore ride was projected to take about 15 minutes

Same problem with the purple line. If we can get to Baltimore in 15-minutes, that means they can get to us in 15-minutes, crime the place up, then have a quick escape back.

Phanick!-Hatch wrote:
Sean P. Duffy, the U.S. Department of Transportation Secretary

i will never not see "Sean P. Diddy" every time i come across that dude's name