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Full Breakdown

Jimmy Kimmel on the “Poisoned” State of Late-Night Television

6/1/2026, 7:55:20 PM

The Cancellation of Stephen Colbert’s “Late Show”

CBS announced in July 2025 that it would end Stephen Colbert’s “Late Show” a year before the contract’s end, citing “purely financial reasons.” Speculation linked the move to the show’s anti-Trump stance and the Paramount-Skydance merger.

Background and Timeline

Late-night hosts have faced heightened political pressure. Kimmel was suspended after a joke about activist Charlie Kirk, and Donald Trump has repeatedly demanded his firing, most recently over a Melania-related quip. Key dates: 2023 – New York Times reports Colbert was offered a five-year contract but chose three; July 2025 – CBS cancels “The Late Show”; December 2025 – ABC confirms Kimmel’s show remains profitable and extends his contract by one year; May 21 2026 – Colbert’s final episode airs and Kimmel discusses the “death of late-night TV” in a Vulture interview.

Key Figures

Jimmy Kimmel (host of *Jimmy Kimmel Live!*), Stephen Colbert (former “Late Show” host), CBS, ABC, and former President Donald Trump are the principal actors in this dispute.

Data & Statistics

CBS said Colbert’s show lost $40 million a year. Kimmel cited the 2023 New York Times report on the contract offer to question that figure. ABC told Kimmel his show’s online and linear-TV ratings have risen, indicating profitability.

Official Statements & Responses

CBS released a statement that the cancellation was a “business decision based on financial performance.” ABC’s spokesperson said Kimmel’s program “remains financially healthy” and highlighted digital-audience growth. Trump’s campaign issued statements urging networks to “fire” Kimmel for his jokes about the former first lady.

Criticism & Opposition

Kimmel called CBS’s loss figures “made-up numbers” and described the environment as “poisoned,” implying political attacks threaten the genre’s stability.

Conflicting Reports & Gaps

The $40 million loss claim lacks independent verification, and ABC’s viewership data have not been publicly disclosed. No third-party audit of either network’s finances has been provided.

Verbatim Quotes

  • “I feel a little bit defeated about it,” — Jimmy Kimmel, Host of *Jimmy Kimmel Live!*
  • “Am I to believe that over the course of those two years, they suddenly started losing $40 million a year?” — Jimmy Kimmel
  • “We’re not just dying of natural causes. We’re being poisoned.” — Jimmy Kimmel
  • “I don’t love him. I don’t hate him, either. I feel sorry for him. He obviously didn’t get hugged a lot.” — Jimmy Kimmel (about Donald Trump)

Why It Matters

The case illustrates how political polarization and corporate mergers can reshape entertainment economics, prompting networks to reassess the viability of politically charged late-night programming.

What's Next

Kimmel’s contract will be reviewed in early 2027, and analysts await further CBS comments on its comedy slate’s finances. Ongoing political satire on late-night TV is likely to face heightened scrutiny.