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by abtinf 333 days ago
> "[it's] purely a financial decision"

> "It is not related in any way to the show’s performance"

Naively, these seem like contradictory statements.

3 comments

>Naively, these seem like contradictory statements.

It isn't contradictory. They don't want to publicly admit "hey nobody watched our unfunny show" because then it might impact their shares/valuation. Most likely that show was a loss leader.

Among other things, Colbert said:

“Now, I believe this kind of complicated financial settlement with a sitting government official has a technical name in legal circles: It’s big fat bribe, because this all comes as Paramount owners are trying to get the Trump administration to approve the sale of our network to a new owner, Skydance.”

maybe they are worried that Colbert will say things that are actionable and could lead to more lawsuits?

> maybe they are worried that Colbert will say things that are actionable and could lead to more lawsuits?

Trump sues people even if things are not actionable. (And sometimes those people cave / bend the knee.)

Colbert still has months to say those things, though, so it's a bit of a moot point.
It could be that Colbert's pay has outpaced advertising revenue.
If this were the case, wouldn't we see a new host instead of a complete cancellation?
Who would tune in to watch the show then?
Yeah, definitely not related to the buyout nor the close ties that the executive team has to Trump.
Yes? If nobody watches your show anymore because you're an unfunny corporate mouthpiece, how do you justify the salary for you and your team?
Colbert had the highest ratings of any late night host and it's not even close. Even amongst dwindling ratings across all late night shows, he was big. Pretty hard to believe this was a purely financial decision made at the exact time he made his comments about Paramount.

Also not sure how being laid off for criticizing your host networks back channel deals with the White House makes you a corporate mouth piece, but what do I know.

Crazy you're being downvoted for having a voice of wisdom, but HN is ideologically captured so not questioning the groupthink party line does give you the downvotes.