— John GruberCBS declaring in its announcement that “This is purely a financial decision against a challenging backdrop in late night” is obvious bullshit — and, in light of its timing, extra stinky bullshit at that. Surely the top-rated show in late night isn’t just at least profitable, but almost certainly more profitable than whatever CBS might replace it with in that time slot. (CBS sources suddenly claim The Late Show lost $40 million last year; Bill Carter isn’t buying that and neither should you.)
Replicated under Fair Use from ★ Curse Not the King by John Gruber.