On Tuesday, CBS Mornings co-host Tony Dokoupil voiced his opposition to the liberal outcry over CBS’s decision to cancel Stephen Colbert’s ‘The Late Show.’ Dokoupil argued that the late-night industry is in a state of disrepair, largely due to evolving business and political dynamics. He noted that current cultural and political climates are far more polarized, diverging from the more balanced environment of the past, such as the days of Johnny Carson.
Dokoupil’s remarks followed a scathing critique from Jon Stewart, the host of ‘The Daily Show,’ who accused CBS of using the cancellation as a way to appease corporate interests. Stewart linked the decision to Paramount’s anticipated $8 billion merger with Skydance Media, which is currently under review by the Trump administration’s FCC. Stewart argued that Colbert’s show, along with others, had contributed significantly to the company’s financial success, suggesting that the network’s decision was motivated by a desire to avoid potential regulatory issues.
Dokoupil, however, contested Stewart’s assessment, stating that the merger’s financial value was not primarily derived from Colbert’s show. He emphasized that other assets, such as movies and sitcoms, played a more significant role in the valuation of the company. Dokoupil’s comments reflect a growing divide within the late-night industry, with some hosts continuing to support Colbert despite the cancellation, while others, like Gayle King, remain defensive of the show’s legacy and its impact on the network.
Critics of the cancellation, including many in the liberal community, argue that the decision was politically motivated, with some suggesting it was an effort to align with President Donald Trump’s policies. However, financial analysts point to reports indicating that the show was operating at a substantial financial loss, which could have been a key factor in the decision to cancel it.
Meanwhile, Fox News Channel’s ‘Gutfeld!’ has gained prominence as late-night programming continues to evolve. With a loyal viewership base, the show has surpassed traditional late-night programs in terms of ratings, signaling a shift in audience preferences. This development adds another layer to the ongoing discussions about the state of late-night television and its future trajectory.