Stephen Colbert Doubts CBS' Financial Reason For Canceling
Briefly

Stephen Colbert Doubts CBS' Financial Reason For Canceling
"I do not dispute their rationale. I do make jokes about it. But I also completely understand why people would say (A) that doesn't make sense to me and (B) that seems fishy to me, because the network did it to themselves by bending the knee to the Trump administration over a $20 billion, settled for $16 million, completely frivolous lawsuit."
"Broadcast can be in trouble. They cannot monetize because of things like YouTube, because of the competition of streaming. They've got the books, and I do not have any desire to debate them over what they say their business model is and how it does not work for them anymore."
"Less than two years before they called to say it's over, they were very eager for me to be signed for a long time. So, something changed."
Stephen Colbert expressed skepticism about CBS's stated financial reasons for canceling his Late Show, which has aired for 11 seasons. While acknowledging the network's rationale amid declining ratings, he noted that many find the explanation unconvincing. Colbert referenced CBS's settlement with Trump and the impact of competition from streaming services on traditional networks. He emphasized that both the struggles of broadcast media and the network's previous eagerness to renew his contract indicate a shift in circumstances. Colbert aims to conclude his relationship with CBS on good terms.
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