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

submitted 1 week ago by Sunshine@lemmy.ca to c/usnews@beehaw.org

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[–] Midnitte@beehaw.org 7 points 1 week ago* (last edited 1 week ago) (3 children)

....and the late show was the only one getting larger and larger viewership.

Financially, the cancelation makes no sense.

Edit: Just to provide some reference to the viewership

Second-quarter Nielsen ratings show that the program helmed by comedian Stephen Colbert had 2.42 million viewers across 41 new episodes, taking some 9% of the audience share and besting other shows in his timeslot. It was also the only show to rake in more viewers than in the previous quarter. And earlier this week, it received a Primetime Emmy nomination for outstanding talk series. - Source

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

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

[–] Steve@communick.news 1 points 1 week 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.