Colbert Is Cancelled. Is the Late-Night Dam Bursting?

Matt is joined by veteran late-night executive and producer Nick Bernstein to discuss CBS’s decision to cancel ‘The Late Show With Stephen Colbert’—despite being the number one late night show on TV—and debate whether or not there was any political involvement, as Skydance is still looking for the FCC’s approval in a merger with CBS's parent company, Paramount Global. They also dive into the declining economics in all of late night, the CBS head George Cheeks’s other possible motives for firing Colbert at this moment, the future of late night, and more (03:07). Matt finishes the show with an opening-weekend box office prediction for ‘Smurfs’ and ‘I Know What You Did Last Summer’ (29:44). For a 20 percent discount on Matt’s Hollywood insider newsletter, ‘What I’m Hearing ...,’ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠click here⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠.Email us your thoughts! ⁠⁠⁠⁠⁠⁠thetown@spotify.com⁠⁠⁠⁠⁠⁠Host: Matt Belloni Guest: Nick BernsteinProducers: Craig Horlbeck and Jessie LopezTheme Song: Devon Renaldo Learn more about your ad choices. Visit podcastchoices.com/adchoices