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CBS Canceling 'Late Show with Stephen Colbert' After Next Season

nytimes.com

21–30 of 83 posts

Re: CBS Canceling 'Late Show with Stephen Colbert' After Next Season

#21
post #8

Their beefing over South Park as well: https://www.hollywoodreporter.com/business/business-news/sou... At the heart of the dispute: a new 10-year, $3 billion overall deal for Parker and Stone that would more than triple the valuation of the current deal that expires in 2027 Yeah. So that's not going to happen lol.

"One possible factor in the negotiations: an $800 million loan that Park County took in 2023 from private equity firm the Carlyle Group. Parker and Stone could be squeezed for cash to repay roughly $80 million in interest per year, according to one person knowledgeable of the arrangement, who noted that Paramount may be open to paying more than $150 million annually in a new deal but not for 10 years." That's quite t…

Apparently they needed to refinance a 600 million loan from 2021.

"The loan would be made through Carlyle’s credit arm and would refinance an existing $600 million debt facility provided by HPS Investment Partners in 2021, according to the report."

What the hell have they been spending it on?

Re: CBS Canceling 'Late Show with Stephen Colbert' After Next Season

#23
post #12

Shouldn’t be surprising, every late night show is going to end soon. They’re all too expensive

It’s currently the number one late night show. It’s not about money. It’s because the president pressured them after Colbert called the network out Tuesday for taking a bribe.

I think Gutfeld is number 1 overall, and has been for a while.

But TV ratings overall are down so low, I haven’t had cable since 2003, and at the time people thought I was a radical. Now it seems like the people that have cable are the rare ones, Especially if there is noone over 45 in the house.

There is a reason they all format their shows in a way that is easy to break up into youtube videos. If they didn’t, most kids under 30 wouldn't even know who they are

Re: CBS Canceling 'Late Show with Stephen Colbert' After Next Season

#24

Earlier quoted context omitted.

"One possible factor in the negotiations: an $800 million loan that Park County took in 2023 from private equity firm the Carlyle Group. Parker and Stone could be squeezed for cash to repay roughly $80 million in interest per year, according to one person knowledgeable of the arrangement, who noted that Paramount may be open to paying more than $150 million annually in a new deal but not for 10 years." That's quite t…

Apparently they needed to refinance a 600 million loan from 2021. "The loan would be made through Carlyle’s credit arm and would refinance an existing $600 million debt facility provided by HPS Investment Partners in 2021, according to the report." What the hell have they been spending it on?

Maybe some of that went towards Casa Bonita?

Re: CBS Canceling 'Late Show with Stephen Colbert' After Next Season

#25
post #19

> "[it's] purely a financial decision" > "It is not related in any way to the show’s performance" Naively, these seem like contradictory statements.

Among other things, Colbert said:

“Now, I believe this kind of complicated financial settlement with a sitting government official has a technical name in legal circles: It’s big fat bribe, because this all comes as Paramount owners are trying to get the Trump administration to approve the sale of our network to a new owner, Skydance.”

maybe they are worried that Colbert will say things that are actionable and could lead to more lawsuits?

Re: CBS Canceling 'Late Show with Stephen Colbert' After Next Season

#26

Earlier quoted context omitted.

Apparently they needed to refinance a 600 million loan from 2021. "The loan would be made through Carlyle’s credit arm and would refinance an existing $600 million debt facility provided by HPS Investment Partners in 2021, according to the report." What the hell have they been spending it on?

Maybe some of that went towards Casa Bonita?

They said ~40 million. And that seems crazy high for a theme restaurant. I think they just don't know how to manage money.

Re: CBS Canceling 'Late Show with Stephen Colbert' After Next Season

#28

Shouldn’t be surprising, every late night show is going to end soon. They’re all too expensive

How can they be so expensive? Unless you mean in relation to ad revenue. It's one host, maybe a band, they don't pay the guests cause their there to pitch their show/music/book/film. Maybe all the extra staff they need to write jokes and whatnot. Maybe all the drug advertisements really don't pay all that much anymore.

the hosts costs a fortune

Re: CBS Canceling 'Late Show with Stephen Colbert' After Next Season

#30
post #12

Earlier quoted context omitted.

It’s currently the number one late night show. It’s not about money. It’s because the president pressured them after Colbert called the network out Tuesday for taking a bribe.

I think Gutfeld is number 1 overall, and has been for a while. But TV ratings overall are down so low, I haven’t had cable since 2003, and at the time people thought I was a radical. Now it seems like the people that have cable are the rare ones, Especially if there is noone over 45 in the house. There is a reason they all format their shows in a way that is easy to break up into youtube videos. If they didn’t, most…

> I think Gutfeld is number 1 overall, and has been for a while.

From what I saw, Gutfeld is top in that time slot, but not for late night overall.

I agree that cable is crazy to pay so much money for and still have frequent and long commercial interruptions.

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