Donald Trump said that the claims that he fired Colbert was “not true.”
Trump claimed that Colbert was fired due to “a lack of talent, which was costing CBS $50 million dollars a year, in losses. And it would only get worse!”
Everyone says that I am solely responsible for Stephen Colbert’s firing from CBS Late Night. This is not true. He was fired because of his lack of talent, which cost CBS $50 million dollars a year. And this was only going TO get WORSE. The next two will be a Jimmy Kimmel who is even less talented, followed by a weak and insecure Jimmy Fallon. Who will be the first to go? Show Biz and Television are very simple businesses. You can do or say anything if you have ratings. You will always be a victim if you do not get ratings. Colbert was a victim of his own actions, and the other two would follow.
Sources who spoke to the New York Post said that the show is on track to lose more than the $40-50 million it lost last season.
Skydance is losing money, according to a source. It’s reportedly on its way to losing more than $50,000,000 and they would have stopped it earlier if they had been in charge. This guy pissed off more than half of the country.”
On The Money learned that Stephen Colbert’s CBS late-night program would have been cancelled even earlier if the merger of parent company Paramount with Skydance had not gone through.
Two people familiar with the situation said that the people at the independent studio, and their partners Redbird Capital who are involved in the $8 billion acquisition of CBS have crunched the P&L (profit & loss) and they see a lot more L than P. This is especially true when it comes “The Late Show With Stephen Colbert”.
Sources with knowledge on the matter believe that the show would lose more than the $40 to $50 million in revenue it lost last season. It was a prime candidate for cancellation after the Skydance agreement is completed.
Skydance is losing money like crazy. I hear that it is on its way to losing more than $50,000,000 and they would have killed the project sooner if they had been in charge. This guy pisses off more than half of the country.”
Colbert was fired after the show lost millions.
