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Colbert Was Cancelled Because Fascists Hate Comedy (thetyee.ca)

submitted 3 weeks ago by Sunshine@lemmy.ca to c/usnews@beehaw.org

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[–] Steve@communick.news 2 points 3 weeks ago (1 children)

Relative viewer counts aren't the whole story. It also matters how much they cost, and how much they revenue they bring in. Late night TV has been doing terribly overall. The Late Show specifically is apparently losing $40M this year.

[–] ranandtoldthat@beehaw.org 2 points 3 weeks ago (1 children)

The practice named "Hollywood accounting" is infamous for claiming losses.

[–] Steve@communick.news 1 points 3 weeks ago

Right, but this isn't Hollywood. The specifics of Hollywood accounting don't really work for ongoing television programs. It requires the short term nature of movie production.