Jimmy Kimmel Denies 'Late Show' Losing $40 Million

1 min read
Source: AV Club
Jimmy Kimmel Denies 'Late Show' Losing $40 Million
Photo: AV Club
TL;DR

Jimmy Kimmel disputes reports that Stephen Colbert's show is losing $40 million annually, arguing that such claims ignore the significant revenue from affiliate fees and the changing landscape of TV viewership. He emphasizes that late-night TV remains popular and profitable, with online and DVR viewership bringing total audiences close to traditional peak numbers, despite fragmentation and decline in network TV.

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