Stephen Colbert is at the center of a conspiracy theory.
It was born last week, when news broke of CBS canceling Colbert’s late-night talk show.
The network’s move wasn’t hard to understand: “The Late Show with Stephen Colbert” reportedly loses $40 million a year, and Colbert is already in the final year of his contract.
Viewership for all the late-night gabfests is evaporating — there’s no recovery in sight.
Colbert is No. 1 in his timeslot, but his show costs $100 million a year to produce and doesn’t bring in nearly enough eyeballs to attract the ad revenue to cover that.
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So in what universe does CBS renew Colbert and keep losing tens of millions of dollars?
The conspiracy theory instantly popular among Democrats and many in the media who ought to know better, however, says Colbert is really being taken