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Callarogas shark media. On social media, Donald John Trump posted,
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I absolutely love that Colbert got fired. His talent was
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even less than his ratings. I hear Jimmy Kimmel is
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next has even less talent than Colbert. Greg Gutfeld is
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better than all of them combined, including the more on
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on NBC who ruined the once great Tonight Show. Hello,
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I'm Johnny Mack. This is the Friday afternoon bonus edition
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of Daily Comedy News. This episode is entirely about Colbert
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quick housekeeping. The normal episodes will come out at the
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normal time Saturday, Sunday, and Monday, and those are Colbert less,
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although I can tell you in the Saturday morning episode,
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I pointed out that Colbert didn't have any good monologue
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jokes this week. I recorded that before the news dropped
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around that I'm going to do these Colbert specific bonus episodes.
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There will be another one of these on Saturday. There
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will be another one of these on Sunday, and we'll
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take it from there. For this episode, I'm going to
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capture all the reactions. Let's start with the Writer's Guilds
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of America. They put out a statement on July second,
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Paramount agreed to settle a baseless lawsuit brought against sixty
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minutes in CBS News by President Trump for sixteen million dollars.
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On July fifteenth, during a regular show of The Late
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Show with Stephen Colbert, Colbert went on air and called
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the settlements a quote big fat bribe unquote in exchange
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for a favorable decision on the proposed merger between Paramount
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and Skydants, a charge currently under investigation in California. Less
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than forty eight hours later, on July seventeenth, Paramount canceled
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The Late Show with Stephen Colbert, a show currently performing
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first in its time slot, giving vague references to the
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program's financial performance as the only explanation. For ten years,
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the show has been one of the most successful, beloved,
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and profitable programs on CBS, entertaining an audience of millions
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on late night television, on streaming services, and across social media.
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Given Paramount's recent capitulation to President Trump in the CBS
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News lawsuit, the Writer's Skill of America has significant concerns
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that the Late Show's cancelation as a bribe, sacrificing free
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speech to curry favor with the Trump administration as the
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company looks for merger approval. The statement continues, cancelations are
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part of the business, but a corporation terminating a show
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in bad faith due to explicit or implicit political pressure
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is dangerous and unacceptable in a democratic society. Skipping ahead,
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the Writers Guild of America calls on New York State
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Attorney General Letitia James, no stranger to prosecuting Trump for
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illegal business practices, to join California and launch an investigation
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into potential wrongdoing at paramount. CBS had a statement. It reads,
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the Late Show with Stephen Colbert will end its historic
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run in May twenty twenty six, at the end of
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the broadcast season. We consider Stephen Colbert irreplaceable and will
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retire the Late Show franchise at that time. We are
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proud that Stephen called CBS home. He and the broadcast
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will be remembered in the pantheon of greats that graced
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late night television. Now, let me pick that statement apart. Okay,
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so why are you bringing up if this is about finances,
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why are you saying we consider Stephen Colbert irreplaceable. Stephen
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Colbert is replaceable. David Letterman was replaceable Johnny Carson was replaceable,
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Jack Parr was replaceable. Stephen Colbert is replaceable. But if
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you're ending the franchise over money, why you're bringing up
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that there is no franchise with which to replace him
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unless you're suggesting or your words are ahead of your brain,
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and there's it was a scenario where you had the
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Late Show without Stephen Colbert, perhaps possibly maybe who knows,
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for political reasons that you wanted Colbert out? Maybe so
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your deal gets through. Perhaps possibly maybe I don't know.
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I don't work for CBS or Paramount or Skydance. I
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don't know, but we consider Stephen Colbert irreplaceable and we'll
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retire the Late Show franchise at that time. Why are
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you bringing that up? Very strange. Latenighter dot Com will
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be a great resource during all this. Bill Carter is
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the author of The Late Shift, quite possibly the world's
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foremost expert in late night television. Bill Carter rights on
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Late Night Er under the headline CBS sites costing Colbert cancelation.
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The timing tells a different story. Bill writes. Trump has
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a long standing animist toward Colbert. Last September, he called
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him a complete and total loser, not funny, and all
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caps very boring. He literally called for CBS to quote
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terminate his contract unquote. He also has a history of
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threatening the licenses of broadcast networks with late night hosts
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who make fun of him. That didn't face Colbert, who
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has shown no signs of tempering his nightly puncturing of Trump.
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He returned from vacation this past Monday and labeled the
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CBS to ole to pay Trump off instead of fighting
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the sixty minute suit a big fat bribe. For all
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those reasons, it's hard to accept the stated reasoning behind
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today's announcement at face value. Bill points out that at
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the start of the twenty four to twenty five season,
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NBC reacted to economic pressure by dropping one night of
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The Tonight Show from five to four and eliminating the
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band on the Seth Meyers Show. Bill Carter writes, but
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CBS didn't try any of those cost saving moves, or
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any cost saving moves at all. It's simply cut off
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the franchise of the neck. It seems especially a considering
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that CBS earlier this year had quietly renewed its twelve
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thirty five AM show after midnight and only reversed course
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when Taylor Thomlinson quit the show. All of which is
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to say, as it's just a few months ago, every
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indication was that CBS intended to maintain its two hour
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late night block into the foreseeable future. Something happened to
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change that. Did the cost situation become completely untenable or
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was it Colbert's Trump centric comedy that became completely unacceptable. Separately,
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I've seen Bill Carter quoted in the Washington Post as saying,
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if CBS thinks for people just going to swallow this,
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they're really deluded. Some reactions from around the internet. Joe
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Scarborough said, it's terrible because you had the settlement with
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Donald Trump, and then you had Colbert and John Stewart
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criticizing that decision. Then a week later they're saying, oh, unfortunately,
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we don't have the money to continue this. You can
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make that economic argument, but that economic argument should have
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been made weeks before this, or should have been made
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a couple months down the road. This just makes it
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look completely connected with the sixty minute settlement. Senator Elizabeth
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Warren said CBS canceled Colbert's show just three days after
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Colbert called out CBS parent company Paramount for its sixteen
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million dollars settlement with Trump, a deal that looks like bribery.
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America deserves to know if his show was canceled for
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political reasons. Severance actor Adam Scott posted, love you, Steven.
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This is absolute BS and I for one, I'm looking
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forward to the next ten months of shows. Ben Stiller
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tweeted sorry to hear CBS is canceling one of the
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best shows they have, wishing all the people who work
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so hard on that show all the best. Anderson Cooper
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on CNN said Stephen Colbert is smart, and he's funny
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and has actual conversations with people on his program XCM
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and reporter Jim Acosta commented on the story with the
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image of Marsha Brady from The Brady Bunch doing the shore.
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Jan Judd Apatow on Instagram, My admiration and appreciation for
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you is bottomless excited to see what other brilliants who
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put into the world. Katie Couric said, I'm so upset
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about this. I need more information. Rachel Ziegler said, I
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am extremely sad. I adore you, Steven. John Patiste, who
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used to lead Colbert's band, called him the greatest to
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ever do it. On Instagram, author Stephen King said Colbert canceled,
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Please tell me it's a joke. Jamie Lee Curtis was
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on the Red carpet and was asked about it, and
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she said it's bad. They're trying to silence people. John
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Cusack shared a clip of Stephen Colbert on social media
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and wrote, he's not groveling enough to American fascism. Larry
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Ellison needs his tax cuts, doesn't need comedians reminding people
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they're not cattle. Bernie Sanders said CBS's billionaire owners paid
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Trump sixteen million dollars to set all a Bobus lawsuit
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while trying to sell the network to sky Dance. Stephen Colbert,
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an extraordinary talent, the most popular late night host, slams
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the deal. Days later, he's fired. Do I think this
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is a coincidence? No? All caps. Andy Cohen said it's
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a sad day for late night television. I think it's
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a sad day for CBS. I think Stephen Colbert is
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a singular talent. He's going to have an incredible next chapter.
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I can't believe CBS is turning off the lights at
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eleven thirty after the local news. I'm stunned he's one
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of three late night shows deep worthy enough for an
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Emmy nomination. He produces a brilliant show. Bill Burr posted
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on thread sad news about Colbert, but I'm sure it's
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purely a financial descis It's not like CBS whatever, cancel
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a comedy show for political reasons, and he included an
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image of the Smothers brothers below that. Jimmy Fallon said
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he was just as shocked as everyone. I really thought
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I'd ride this out with him for years to come.
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Seth Meyers said, for as great as a comedian host
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he is, Colbert was an even better person and joke
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that Colbert can no longer use the excuse that he's
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too busy to hang out. Jimmy Kimmel went on Instagram
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and wrote, love you, Stephen, f you and all your
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Sheldon's CBS. The New York Times writes executive stressed in
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the announcement that the cut was purely a financial decision.
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The Times asked, is that the truth or merely truthy?
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They then talk about the settlements and write many legal
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experts said the deal was an unnecessary concession and a
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frivolous case. At minimum, it undermined one of TV journalism's
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most accomplished independent voices, that being sixty minutes, talk show
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hosts have bit in the hand that signs the contracts.
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Before Lutterman needled NBC and it's then parent, General Electric.
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But back then the issues didn't involve conflicts with a press.
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Is it willing to pull any necessary levers to punish
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and influence media outlets? Now? Paramount wants to assure us
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that the cancelation of one of the president's most famous
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critics is totally coincidentally business, and sure it absolutely could be.
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The Independent wrote that they understand Colbert's program had become
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costly to run over the years, and it was potentially
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a dream on the network's bottom line, but many people
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working at CBS don't fully believe the narrative. One senior
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staffer at CBS told The Independent that no one at
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the network is buying that it's a financial decision, adding
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that the demise of the flagship left everyone stunned, including
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famous comedians that the source said they knew. Another staffer
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told The Independent how that they had been told the
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show had been on the chopping block for a few
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years because it was very expensive to produce, but at
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the same time didn't think that was the reason for
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the sudden announcement. A staffer said, many of us think
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this was part and parcel of the Trump shakedown settlement.
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USA today wonders if Colbert can't survive this this landscape,
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it's not clear if anyone can. According to Late Nighter
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dot Com, Late Show was leading the pack in ratings
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with an average of two point four to one to
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seven million viewers for the three months that in June.
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Kimmel and Fallon were far behind, averaging one point seventy
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seven and one point nine respectively. Well, tonight, youoent third place,
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but discuss that at a different time. Cnn I talked
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about the financial picture. They quote Guideline and add data
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firm that estimates that the network at late night shows
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earned a four hundred and thirty nine million dollars in
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AD revenue in twenty eighteen and only two hundred and
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twenty million in twenty twenty four, decline a fifty percent.
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CBS had been worried about the dynamics for months, even
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the last few years, according to two people familiar with
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the situation, While Colbert was officially told Wednesday. Apparently, executives
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have been talking about the costs for several weeks, now
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holding off on final judgment to allow Stephen Colbert and
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the staff to enjoy the July fourth hiatus. Variety says.
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One of the sources say executives didn't want to force
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a pay cut or call for trims, and couldn't look
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away from declines and ad support for the entire format.
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They point out CBS treated Colbert a lot like his predecessor,
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Letterman wasn't always eager to take on product placement projects
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or produce sitcoms or game shows, and CBS respected the
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decision because of his standing. They felt the same way
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about Colbert, and yet rivals were picking up many more
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of these projects, like a bar sponsored by Anheuser Busch
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and Heineken that had a prominent place on Cordon. Kimmel
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has long embraced doing commercials in show. Fallon takes part
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in an ad deal with Ford Motor Company. Those extras
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help the network and make the host more of a
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full time ambassador, according to one person familiar with the
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mechanics of late night television. Variety points out people familiar
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with the matter, say, the Colbert CBS relationship was never
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a tense one, and no Colbert eagerly took on whatever
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extra duties the network suggested. He helped launch a comedic
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sports special built around pickleball, and took a hand in
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producing After Midnight and promoting Taylor Tomlinson. And this is
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very interesting. While the decision may look like blowback for
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Colbert's commentary, executives weren't prepared to make a move in
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May when they could have used it to win extra
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ad support in the industry's annual upfront ad sales. More
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and they didn't want to make it without speaking to
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Colbert directly, something they didn't want to do while he
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was on vacation. But they couldn't wait, say, till the
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start of next TV season. Late night writers and producers
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typically signed one year deals August to August. When contracts
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tied to the twenty twenty five twenty twenty six programming
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cycle went out to agents, they would only keep people
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employed through May. CBS executives knew the news of the
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decision would leak and quickly, so they had to make
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the move. My take all right, loudly and clearly. I'm
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on Team Colbert and all this. This is terrible. It's