Stephen Colbert and his CBS show for the loss of late night money would have been canceled even faster if the union between the parent company Paramount and Skydance were not kept up, in the money they learned.
People in the independent studio and their partners Redbird Capital in getting the $ 8 billion of media giant have been busy with P&L (profit and loss) of CBS and are looking much more than P – especially when it comes to “The Late Show with Stephen Colbert”, two people with knowledge said.
They believe the show was in the trajectory of losing more than $ 40 to $ 50 million that lost last year, and would have been a key target for cancellation after the Skydance agreement was made, according to sources with the issue.
“This is the loss of money left and right,” said one person near Skydance. “I hear that it is on the way to lose more than $ 50 million and they would have killed it faster if they were responsible. This guy pisses more than half the country.”
Yes, Colbert is a leader of evaluations in traditional night conversations, but the show’s estimates have been repeatedly eroded as people reject her left -wing bias and the latest viewers demonstrations get their entertainment through less traditional exits.
Advertising is difficult to take, made even more unfaithful by Colbert’s forums in politics. This is combined with Colbert’s fat salary (estimated between $ 15 million and $ 20 million a year), large and large staff, and you can see the losses that accumulate infinitum advertising.
A paramount spokesman refused to comment except to show that Colbert is now not losing more than $ 50 million a year.
Colbert will stick around until the plug is pulled the next May and will not go quietly.
At Monday’s show, Colbert addressed the use of madness in public air waves to attack President Trump after Gloated chief executive on social media for his close death and said Colbert has no talent.
“Would an unworthy man be able to compose the following satirical witticism:” Go F- “,” the duck and the lame night withdrew.
The public was raging, but at Skydance’s headquarters, there was not much to be laughing, I was told.
Skydance refused to comment, but people there said the decision to end Colbert was merely up to Paramount, which even in his lame-duck status has a responsibility of serving current shareholders, including ending the programming of less chance of showing profits.
Meanwhile, the Union – after an exhaustive review by the Federal Communication Commission – Thursday received the approval of Trump’s regulators.
The post previously reported that Skydance David Ellison’s Chief of Trump Paul and Megabillionaire Larry Ellison of Oracle Famie said friends inside and around Hollywood that the steady deal for a long time was approaching the finish line and would be approved by Trump’s regulators from the middle of the finger.
Opening the way to the green light: Paramount’s current management accepted Trump’s requests and paid $ 16 million to resolve a lawsuit brought by Donald for a controversial “60 minutes” interview with Democratic Presidential Harris candidate.
As in the money reported, the new Paramount owners, which means Skydance, had promised to throw tens of millions more into the public service ads. On Tuesday, Trump said he expects $ 20 million in such ads.
The young Ellison and his lawyers recently met with FCC Brendan Carr to discuss how he would lead Paramount and CBS in an unilateral way and adhere to the law of employment, and pledged to produce impartial news, hire an Ombudsman to monitor his programming, of the asking policies that criticism say the amounts of discrimination.
All this came after CBR review included whether CBS shows constant left -wing prejudice in its news programming, thus violating the agency’s “public interest” guidelines that regulate news in public air waves, compared to the cable. He also examined whether the CBS had violated the law by adhering to the strict Dei guidelines.
The review was driven by a conservative law group, the American Rights Center, which recently wrote Carr about its additional concerns about how CBS and other larger broadcasters suspected of “imposing heavy financial demands” on local associates relying on its content, thus violating the public interest of the American FCC news.
“The commission must take that reality in the heart and establish conditions that protect localism as the cornerstone of the broadcast,” according to the center letter, taken from the money.
An FCC spokesman had no comment.
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