Jimmy Kimmel Denies 'Late Show' Losing $40 Million
TL;DR Summary
Jimmy Kimmel disputes reports that Stephen Colbert's show is losing $40 million annually, arguing that such claims ignore the significant revenue from affiliate fees and the changing landscape of TV viewership. He emphasizes that late-night TV remains popular and profitable, with online and DVR viewership bringing total audiences close to traditional peak numbers, despite fragmentation and decline in network TV.
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- Jimmy Kimmel Explains Why The Late Show Couldn’t Be Losing $40 Million Vulture
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