"One canceled late-night host and one temporarily canceled late-night host walked into a bar, or actually set, on Tuesday. Jimmy Kimmel hosted fellow comedian Stephen Colbert on "Jimmy Kimmel Live!" a week after Disney put Kimmel's show back on the air. Colbert also hosted Kimmel on his own show, "The Late Show With Stephen Colbert," the same night. The shows were taped earlier in the day on Tuesday and aired late that night."
"Colbert said that his manager told him he needed to speak with him for 15 minutes following the show taping on July 16. The manager, who is also Kimmel's manager, broke the news to him. He said when he came home two and a half hours later, his wife said to him, "What happened? Did you get canceled?" "I said, 'Yes, I did,'" he added."
Jimmy Kimmel hosted Stephen Colbert on Jimmy Kimmel Live! a week after Disney put Kimmel's show back on the air. Colbert hosted Kimmel on The Late Show With Stephen Colbert the same night; both episodes were taped earlier that day and aired late. Colbert's contract was not renewed and The Late Show is scheduled to end next May, with CBS citing financial reasons. Colbert and others suggested CBS canceled the show to placate the Trump administration. Colbert learned of the cancellation when his manager informed him after the July 16 taping, and he told only select staff before filming.
Read at Business Insider
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