At the same time, he showed that he was Stephen Colbert,,,,, Jimmy Kimmel Criticized the hint Party Before cancellation, “a loss of $40 million per year.”
Kimmel, 57, called the reports “beyond the ridiculous”, explaining type On Monday, August 18, “These insiders who allegedly analyze the program’s budget – I don’t know who they are, but I know they don’t know what they are talking about. They seem to focus on advertising revenue, forget about membership fees altogether, and forget about membership fees, which are millions of dollars in tens of billions – probably in billions of dollars – you have to allocate a percentage of the nights for some nights to perform.
Owner Jimmy Kimmel live broadcast! About What causes PartyControversial ending Nowhere is “almost accurate”.
“Even that – that’s what you need to know. Suddenly, is he losing $40 million a year?” Kimmel continued. “I’ll tell you that I’ve been in the first decade of the show and they claim we’re not making money – we have five times the audience on ABC. Who knows what it is?
Colbert, 61, was shocked by the audience who confirmed CBS in July Party Cancelled.
“I want you to know what you found last night before starting the show. Next year will be our last season,” Colbert announced as the audience booed. “I share your feelings. It’s not only the end of our show, but the end of the post show on CBS. I’m not replaced. It’s all gone.”
He continued: “I do want to say that CBS people have always been good companions. … I thank the audience, you join us every night, here, outside and around the world.”
Colbert confirmed at the time that CBS would “end the late show” in May 2026, but the specific date for the final episode has not been announced yet. Meanwhile, CBS executives released a statement saying it was “not related to the performance, content or other things that happened in Paramount” but was caused by financial conditions.
Respond to CBS’ Decide to pull the plugthe party was supported by late night hosts, including Kimmel, who announced the announcement clip of Colbert through his Instagram story, with the title “Love You Stephen.”
Kimmel elaborated on Monday about the status of late night TV, saying, “Internet TV is falling. There is no doubt. But more people are watching late night TV than ever before – I included Johnny Carson in that thing. People may be shocked. When Carson was at his peak, his peak was about 9 million viewers. Night – our monologue.
Late Night Talk Show Host Pointing to his peers and their success.
“Seth Meyers gets 2 million on YouTube alone. We’re not even talking about Instagram or the other platforms. The Daily Show — Jon Stewart on a Monday night will get 5 million views. Then you add in the TV ratings. So the idea that late night is dead is simply untrue. People just aren’t watching it on network television in the numbers they used to — or live, for that matter,” Kimmel “So the ad model might be dying, but late night TV is exactly the opposite. If you watch streaming numbers – how many streaming shows get 10 million views per week? 20 million? Very few. I think if you really watch how people watch these shows, and the top shows on Netflix and Hulu are there, then it’s there.”
Kimmel denied that the late night performance was “a rotting corpse”, adding: “It certainly isn’t. It doesn’t add up. It’s a great storyline…but it’s not true at all.”
Kimmel continues to praise Colbert, he Always hosted Party Since 2015.
“He’s not only a lovely person. He’s very moral – he’s a very moral person,” Kimmel said. “He’s the salt of the earth. He’s a modest person and a very smart person. I hope everything he’s done next is stronger than what he’s done. And I think that’s very likely.”

Senior News Analyst & National Affairs Writer
Prabhat Sharma is a veteran journalist with over 12 years of experience covering national news, current affairs, and breaking stories across India. Known for his analytical approach and in-depth reporting, Prabhat brings clarity to complex topics and delivers content that informs, educates, and empowers readers.
He is passionate about political transparency, policy analysis, and the evolving landscape of Indian journalism.
When he’s not writing, you’ll find him reading non-fiction, watching documentaries, or exploring offbeat destinations