Colbert Show Cancellation: Capitalism, Not Censorship? | JQJO

Dave Portnoy, Barstool Sports founder, attributes Stephen Colbert's Late Show cancellation to financial losses, not political censorship. He argues Colbert's criticism of CBS's parent company, while earning $16 million annually, was unwise given the show's reported $40-50 million yearly deficit and declining late-night ratings. Portnoy contrasts this with Barstool's efficient, multi-show production model. While some, including Senators Warren and Sanders, suspect political motivations, Portnoy insists it's simply capitalism at play.