Latest news with #JimmyKimmelLive
Forbes
20 hours ago
- Entertainment
- Forbes
Jimmy Kimmel's Contract, Stephen Colbert And The Future Of Late Night
"Jimmy Kimmel Live!" airs every weeknight at 11:35 p.m. EDT The fate of late night TV may now be with Jimmy Kimmel Live. Host Jimmy Kimmel's contract with Disney is set to end in 2026, and its renewal or lapse will say something about the genre more generally. CBS recently canceled The Late Show with Stephen Colbert. While the news came after Colbert criticised his parent company and Donald Trump, CBS maintains that it was 'purely a financial decision against a challenging backdrop in late night." The CBS show is among the most popular late night programs. However, it was revealed that it costs over $100 million annually to produce while losing over $40 million per year. According to someone familiar with the show, the budget includes a live band, a 200-person staff and Colbert's annual $20 million salary. Whether Colbert's cancellation has more to do with politics or finances, it leaves late night in a precarious position. Late night has been declining in recent years. Earlier this year, Taylor Tomlinson left her hosting position on CBS's After Midnight, and instead of replacing her, the network canceled the program. Now, with Colbert's cancellation, CBS will not have a late-night comedy show going forward, a first in over 30 years. In Q2 of 2025, The Late Show saw 2.42 million in viewership, while Jimmy Kimmel Live saw 1.77 million. The ABC late-night show may well have a lower budget; both the show's budget and Kimmel's salary have not been published. However, canceling a more popular show the year before salary negotiations with Kimmel may leave late night in a precarious spot. Late night has been declining in viewership for years, and it is unclear if Colbert's cancellation will be a one-off or a fundamental shift in late-night TV. NBC's The Tonight Show Starring Jimmy Fallon and Late Night with Seth Meyers were both recently extended until 2028. NBC is also home to Saturday Night Live. However, SNL is a bit of an outlier since it isn't the typical late night talk show format and recently hit a 3-year ratings high for its most recent 50th season. Outside of broadcast networks, shows like HBO's Last Week Tonight with John Oliver, Comedy Central's The Daily Show and Fox News's Gutfeld! may also face issues in a collapsing late night space. These shows are somewhat separate from the traditional broadcast approach to late night TV. However, the number of late night politics shows on cable networks has also fallen in recent years. Much of the decline of late-night comedy TV has been linked to streaming and VOD programming. While Netflix has entered the 'late night' space with 2018's My Next Guest Needs No Introduction with David Letterman and, more recently, Everybody's Live with John Mulaney in 2025, streaming services have largely not adopted the late night model. The future is unclear for broadcast late night programming, and late night more generally, but a decision on Kimmel will mean a lot for the industry in the upcoming year.
CNBC
4 days ago
- Entertainment
- CNBC
CBS canceling Colbert begs the question: Are more late night shows next?
There are two schools of thought around CBS' decision to end "The Late Show with Stephen Colbert." The first says the cancellation is a one-off exit from the storied time slot — that Paramount was trying to push through the red tape to finally merge with Skydance Media, a deal that was approved by the Federal Communications Commission Thursday after more than a year in limbo. The other says it signals the beginning of the end of late night TV. The entertainment industry will have a better sense of where the truth lies next year when Disney decides the fate of Jimmy Kimmel's late night show, "Jimmy Kimmel Live." While NBC recently extended the contracts of its two late night hosts, Jimmy Fallon and Seth Meyers, into 2028, Kimmel's contract is set to lapse in 2026. "Jimmy Kimmel Live" has been a late night staple since 2003, acting not only as a typical talk show on the circuit, but as a valuable marketing hub for Disney's slate of theatrical and television content. In addition to traditional one-on-one interviews, Kimmel will also frequently host several stars from the same project, often for blockbuster titles from Marvel, Star Wars and the company's animated franchises. Clips from these chats are fed onto Kimmel's YouTube channel, which has more than 20 million subscribers, and across social media, helping to generate buzz for upcoming Disney projects. For comparison, Fallon's show account has around 32 million subscribers, while Colbert's stands at 10 million and Meyers' at just over 5 million. Kimmel is also a frequent host of the Academy Awards, which airs on Disney's ABC, and is currently the host of ABC's celebrity edition of "Who Wants to Be a Millionaire." These ancillary assignments, as well as his annual job closing out Disney's Upfronts presentation for advertisers, may make Kimmel more important to Disney's long-term future than Colbert was for Paramount or CBS. Still, while the next test of media's commitment to late night is months off, the end of "The Late Show with Stephen Colbert" is calling attention to the mounting pressures on traditional TV and raising questions about the whether the time slot can survive the evolving viewing landscape. The cost of producing late night programs has risen as the media industry has been upended by streaming and shifting consumer habits. The traditional pay TV bundle has lost millions of customers in recent years, and as they've disappeared, so too have advertising dollars. The shifting equation has forced media companies to rebalance. At a large scale, companies like Comcast's NBCUniversal and Warner Bros. Discovery have opted to split off their cable TV networks into separate corporate entities. At the programming level, big shows are increasingly greenlit for release on streaming services rather than traditional networks. Salaries of highly paid news anchors have moderated, with some stepping away from traditional networks entirely and starting out their own ventures. And much of the money spent on bulking up both linear TV networks and streaming services is earmarked for live sports. That leaves familiar titles in flux. "The Late Show with Stephen Colbert" employed around 200 people and recorded annual losses of around $40 million, according to a person familiar with the matter, who declined to be named speaking about nonpublic matters. "Jimmy Kimmel Live" employs around 250 people and loses roughly the same amount, according to a person familiar with that show's finances. While the pay-TV bundle still rakes in the highest share of profits for legacy media companies – much of which stems from the fees that pay-TV distributors hand over to the networks to be included in the bundle – that figure is in decline. Linear TV advertising revenue has also been on a steady downward slope. Industry analysts and experts expected the ad market to stabilize in 2025 after tumultuous streaming-centric years, but macroeconomic uncertainty has hampered the recovery. In quarterly earnings that were reported in May, Paramount, NBCUniversal and Disney each reported lower ad sales on a year-over-year basis. Paramount reported in May that its first-quarter TV advertising revenue was down 21% to $2.04 billion, mainly due to comparisons to the prior-year period when the company had the Super Bowl. That championship beckons the most ad dollars of any live event on TV. Without the Super Bowl, ad revenue would have been flat, the company said. Overall revenue for Paramount's TV segment was down 13%. Of the traditional TV ad spend that does remain, the biggest share has gravitated to live sports, which draw the biggest audiences. NBCUniversal recently touted its record ad sales volume during the most recent Upfront cycle due to an upcoming slate of NBA, the Super Bowl, Winter Olympics and other sports. Disney reported in May that quarterly revenue for its domestic linear networks was down 3% to $2.2 billion, attributing the decline to lower ad revenue. Still, Disney noted ad revenue for ESPN and sports in general saw an increase in ad revenue. These headwinds help legitimize Paramount's decision to cancel "The Late Show with Stephen Colbert," but the timing of the program's end has raised suspicions. The announcement that Colbert's show would take its final bow in May 2026 came just days after the tenured host publicly called out Paramount for its $16 million settlement with President Donald Trump over the editing of a "60 Minutes" interview with former Vice President Kamala Harris. Colbert called the settlement a "big fat bribe" during one of his show-opening monologues, referencing the then-pending merger between Paramount and Skydance Media, which required the approval of the Trump administration to proceed. Paramount and CBS executives released a statement last week saying the cancellation was "purely a financial decision against the challenging backdrop in late night." "It is not related in any way to the show's performance, content or other matters happening at Paramount," the company continued. While ratings for Colbert's show have declined over the last decade, the program has consistently achieved the highest views of any show in the 11:35 p.m. hour, outdrawing ABC's "Jimmy Kimmel Live" and NBC's "The Tonight Show Starring Jimmy Fallon," according to Nielsen. Still, Colbert's ratings have been declining each season. For the most recent September-to-May time period, Colbert averaged roughly 1.9 million viewers, with the majority of viewership coming in the age demographic of over 65, according to Nielsen — a telling data point about the state of TV viewership. Kimmel's viewership paints a similar picture, with viewership dropping from the September-to-May time period in 2019-2020 to the most recent in 2024-2025, when the average was nearly 1.6 million viewers, according to Nielsen. When Paramount listed its slate of highly rated TV shows during its last earnings report, including "Tracker," the top rated series and "Matlock," the highest rated new series, it also listed Colbert's "The Late Show" as the highest rated broadcast late night show. "The Daily Show," also from Paramount, was the top late night show on cable TV. Some industry experts have questioned whether CBS could have explored other ways to save money — or save late night — besides outright canceling "The Late Show." NBC cut costs by eliminating the band on Meyers' late night show and shifting Fallon to four nights a week instead of five. CBS tried to bring a younger demographic into the hour with "After Midnight," a late night show that ran after Colbert. The show was hosted by comedian Taylor Tomlinson and was centered on viral internet phenomena. Though CBS intended to renew the show after its first two seasons, Tomlinson decided not to extend her contract, and the show was canceled.
Daily Mail
4 days ago
- Entertainment
- Daily Mail
Mariah Carey makes clean breast of her most unusual autograph session with Rihanna
Mariah Carey has recalled the time she signed an intimate body part of pop star Rihanna. It happened backstage during her Christmas Time tour in New York City. Speaking on Jimmy Kimmel Live on Thursday, Mariah had the audience in hysterics as she recounted the cheeky moment with the 37-year-old. A video flashed up showing Mariah signing Rihanna's chest as the Diamonds star exclaimed: 'Wow, this is iconic - Mariah Carey is signing my tit y'all.' Guest host Fortune Feimster, 45, asked Mariah: 'Is that a common request? Are you usually signing body parts?' Mariah replied: 'Not really, sometimes on someone's arm or something, but that was a unique moment. Yes, we love Rihanna.' Fortune joked: 'I hope she got that tattooed on her booby', and Mariah replied: 'She said she was going to, but somehow I don't think that happened.' Ahead of her Kimmel appearance - in which she promoted her new album Here For It All - Mariah appeared in great spirits as she made a glamorous entrance into the studio in Hollywood. She looked effortlessly stylish in a chic halterneck leopard print dress which showed off her incredible figure. She added height to her frame with a pair of black open-toe platform heels and accessorized with diamond hoop earrings and black shades. Mariah announced her new album on Instagram earlier this week to the surprise of fans. The 56-year-old pop diva will share her first album since 2018's Caution with the world on September 26. She captioned a teaser clip on Instagram on Monday: 'Here For It All [butterfly emoji] My new album out 9/26 [butterfly emoji] Pre-order now!' Racy: Ahead of her Kimmel appearance, Mariah appeared in great spirits as she made a glamorous entrance into the studio in Hollywood Animal spirits: She looked stylish in a chic halterneck leopard print dress which showed off her incredible figure It will include the previously released lead single, Type Dangerous. On July 20, Mariah posted a video that celebrated her albums, beginning with MC1 - her 1990 self-titled debut LP - through to Caution. At the end of the 37-second video montage, the Obsessed hitmaker displayed the text 'MC16', and on X, the clip showed the title MC16 - Announcement Tomorrow. On her Instagram Stories, Mariah posted the same clip, but with a frozen countdown ticker, which displayed '19:06:42'. The record is already available for pre-order and pre-saving now, and it's lead single, Type Dangerous is already out.
UPI
5 days ago
- Entertainment
- UPI
Watch: Sombr releases '12 to 12' music video starring Addison Rae
July 25 (UPI) -- Sombr released the song "12 to 12" and an accompanying music video starring Addison Rae on Thursday. The "Diet Pepsi" singer dances beneath a disco ball before she joins Sombr on the dance floor in the music video. Sombr also performed his song "Undressed," which dropped March 21, on Jimmy Kimmel Live Wednesday. He appeared on the stage behind a mirror before singing to an apparent love who'd lost interest. "I'm looking at you and you're looking at me, but the glimmer in your eyes is saying you want to leave," he sang. His new music arrives ahead of the North American leg of his Late Nights & Young Romance Tour, which winds down in Los Angeles Oct. 28.
Daily Mail
5 days ago
- Entertainment
- Daily Mail
Mariah Carey recalls VERY cheeky moment she had with Rihanna as she dishes on the wild backstage antics while making a glamorous appearance at Jimmy Kimmel
Mariah Carey has recalled the wild moment she had with Rihanna backstage at her Christmas Time tour in New York City. The singer, 56, appeared on Jimmy Kimmel Live on Thursday to promote her new album, Here For It All. And during the show, the audience were left in hysterics as Mariah opened up about a cheeky moment she starred with popstar Rihanna, 37, at one of her shows. A video flashed up showing Mariah signing Rihanna's chest as the Diamonds hitmaker exclaimed: 'Wow, this is iconic, Mariah Carey is signing my tit y'all.' The audience in the studio cheered as guest host Fortune Feimster, 45, asked Mariah: 'Is that a common request? Are you usually signing body parts?' Beaming, Mariah replied: 'Not really, sometimes on someone's arm or something, but that was a unique moment. Yes, we love Rihanna.' Fortune joked: 'I hope she got that tattooed on her booby', and Mariah replied: 'She said she was going to, but somehow I don't think that happened.' Ahead of her Kimmel appearance, Mariah appeared in great spirits as she made a glamorous entrance into the studio in Hollywood. She looked effortlessly stylish in a chic halterneck leopard print dress which showed off her incredible figure. She added height to her frame with a pair of black open-toe platform heels and accessorised with diamond hoop earrings and black shades. Mariah appeared on the show to promote her new album Here For It, which she announced on Instagram earlier this week to the surprise of fans. The 56-year-old pop diva will share her first album since 2018's Caution with the world on September 26. She captioned a teaser clip on Instagram on Monday: 'Here For It All [butterfly emoji] My new album out 9/26 [butterfly emoji] Pre-order now!' She looked effortlessly stylish in a chic halterneck leopard print dress which showed off her incredible figure It will include the previously released lead single, Type Dangerous. On July 20, Mariah posted a video that celebrated her albums, beginning with MC1 - her 1990 self-titled debut LP - through to Caution. At the end of the 37-second video montage, the Obsessed hitmaker displayed the text 'MC16', and on X, the clip showed the title MC16 - Announcement Tomorrow. On her Instagram Stories, Mariah posted the same clip, but with a frozen countdown ticker, which displayed '19:06:42'. The record is already available for pre-order and pre-saving now, and it's lead single, Type Dangerous is already out.
