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In reply to the discussion: So Stephen Colbert joins the ranks [View all]Dave says
(5,187 posts)I don't know what their P&L looked like in that time slot, but cancelling the top rated show in the (formerly) coveted 11:30 PM Eastern timeslot looks pretty damn peculiar to me.
Without more info (e.g., the show-based P&L), I'm hard pressed to agree with anyone who said this is simply a financial decision, not from the perspective of the show-based microcosm anyway (perhaps in the bigger picture for CBS and/or Paramount). Now, if it helped them get approval of sale or other political benefit on top of the microcosm P&L, then it starts to make sense. But sure looks like politics was part of the decision.
Broadcast TV -- even cable television -- is showing its dinosaur scales, so there is that. The rules of the game are changing. Streaming on demand is the rising star.
(Cite for ratings, https://latenighter.com/news/ratings/late-night-tv-ratings-q2-2025/ .)
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