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Jimmy Kimmel Dissects Stephen Colbert’s Late-Night Success Amid Industry Rumors

MyShine August 18, 2025 3 minutes read
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Late-night television remains a hot topic, and Jimmy Kimmel isn’t holding back when it comes to addressing the state of the industry. In a candid interview, Kimmel dismantled misconceptions surrounding Stephen Colbert’s ‘The Late Show’, the challenges of network television economics, and why he’s casting his vote for Colbert at the Emmys this year.

Setting the Record Straight: The Alleged $40 Million Loss

Rumors have circulated that Colbert’s ‘The Late Show’ lost CBS an eye-watering $40 million annually. Kimmel dismissed these claims with gusto, labeling them “beyond nonsensical.” He emphasized the value of affiliate fees, which are often overlooked by critics focusing solely on ad revenue.

“The idea that Stephen Colbert’s show was losing $40 million a year is simply absurd,” Kimmel stated. He pointed out how affiliate fees generate hundreds of millions of dollars and should be factored in when evaluating profitability. “There’s not a snowball’s chance in hell that those numbers are accurate,” he added.

Late-Night Television: Alive and Thriving

While network television sees declining numbers, Kimmel argues that late-night television is far from dead. Platforms like YouTube, Instagram, and streaming services enable millions to engage with late-night content on-demand. Kimmel noted that his own monologues garner between 2 and 5 million views daily across digital platforms.

“When Johnny Carson was at his peak, he was getting 9 million viewers a night on TV. Today, shows like ours rival that reach through online platforms,” Kimmel explained. He underscored that while the advertising model may be evolving, audience engagement remains robust.

A Vote for Stephen Colbert

Kimmel hasn’t been shy about his admiration for Colbert. From placing a billboard in Los Angeles calling for Emmy voters to back him to singing his praises as a moral and highly ethical person, Kimmel is undoubtedly a Colbert supporter.

“Stephen Colbert’s humility and brilliance set him apart,” Kimmel shared during the interview. “I hope whatever he does next is even more powerful than what he’s been doing thus far.”

Untold Stories: Matt Damon’s Rib Emergency

A lighter moment in the interview came when Kimmel shared a hilarious, little-known story about Matt Damon. During a dinner at Kimmel’s home, Damon began choking on a pork rib. Despite several failed Heimlich attempts, Damon eventually resolved the issue by eating small bits of bread to dislodge the rib—and yes, bread was credited with saving the day.

Stay Camera-Ready: Kimmel’s Go-To Facial Product

For someone who’s always on-screen, Kimmel maintains a polished, fresh look. To achieve a glowing complexion under harsh stage lights, you might consider Kiehl’s Ultra Facial Cream. This lightweight moisturizer is perfect for keeping your skin hydrated and smooth—ideal for professionals who face the camera or simply want to elevate their skincare game.

The Evolution of Comedy and Free Speech

On a more somber note, Kimmel spoke about current political dynamics and their impact on the comedy world. He emphasized the importance of protecting free speech, regardless of political affiliation.

“Silencing comedians and commentators is a dangerous slope,” Kimmel remarked. “The essence of free speech isn’t limited to those who share your views.”

Whether you’re a late-night television fan or a casual observer, Kimmel’s insights provide a refreshing look at an industry often misunderstood in the digital age.

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