Latest news with #financialdecision
Yahoo
8 hours ago
- Entertainment
- Yahoo
Jon Stewart Blasts 'Late Show' Cancellation in Fiery Monologue
In a fiery Daily Show monologue, Jon Stewart blasted CBS and Paramount over the decision to axe The Late Show with Stephen Colbert. Colbert announced last week that the next season of The Late Show would be the last as Paramount had decided to axe the show as part of a 'financial decision.' The announcement came just days after Colbert slammed the network for awarding the American president a $16 million settlement over an interview with Kamala Harris that the politician claimed was deceptively edited. 'I believe this kind of complicated financial settlement with a sitting government official has a technical name in legal circles: it's 'big, fat bribe,'' Colbert said on air days before the cancellation announcement. On the July 21 episode of The Daily Show, Stewart didn't mince words as he took CBS and Paramount to task for the decision. 'I understand the corporate fear," Stewart said. "I understand the fear that you and your advertisers have with $8 billion at stake, but understand this, truly, the shows that you now seek to cancel, censor and control, a not insignificant portion of that $8 billion value came from those f---ing shows. That's what made you that money." Stewart continued: 'Shows that say something, shows that take a stand, shows that are unafraid. Believe me, this is not a 'We speak truth to power'. We don't; we speak opinions to television cameras, but we try. We f---ing try every night. If you believe as corporations or as networks, you can make yourselves so innocuous that you can serve a gruel so flavorless that you will never again be on the boy king's radar, why will anyone watch you, and you are f---ing wrong.'Stewart then referenced the president's impending lawsuit against The Wall Street Journal over an article the outlet published regarding the politician's relationship with Jeffrey Epstein. 'You want to know how impossible it is to stay on Lord Farquaad's good side? Donald Trump is suing Rupert Murdoch, the owner of Fox News, the man other than Biden, maybe most responsible for getting Trump elected. Fox spends 24 hours a day blowing Trump, and it's not enough. Imagine suing someone mid-blow,' Stewart said. The comedian concluded: 'If you're trying to figure out why Stephen's show is ending, I don't think the answer can be found in some smoking gun email or phone call from Trump to CBS executives or in CBS' QuickBooks spreadsheets on the financial health of late-night. I think the answer is in the fear and pre-compliance that is gripping all of America's institutions at this very moment, institutions that have chosen not to fight the vengeful and vindictive actions of our pubic-hair-doodling Commander in Chief. This is not the moment to give in. I'm not giving in, I'm not going anywhere…I've got but one thing to say: 'Go f--- yourself.''Jon Stewart Blasts 'Late Show' Cancellation in Fiery Monologue first appeared on Men's Journal on Jul 22, 2025 Solve the daily Crossword
Yahoo
21 hours ago
- Entertainment
- Yahoo
David Letterman Shreds CBS With Brutal Spelling Lesson Over Colbert Cancellation
David Letterman slammed CBS using a not-so-subtle jab on his YouTube channel on Monday after the network announced that it would cancel 'The Late Show With Stephen Colbert,' a franchise he began over 30 years ago. 'You can't spell CBS without BS,' wrote Letterman in the caption of a 20-minute video compilation of moments where he criticized the network during his 'Late Show' run. The upload to Letterman's channel comes less than a week after CBS revealed that it would end 'The Late Show' — which he hosted from 1993 until his 2015 retirement — in May 2026, claiming the move was 'purely a financial decision against a challenging backdrop in late night.' While the program reportedly faced financialchallenges in recent years, critics have accused CBS of making a politically motivated decision as Colbert — a frequent critic of Donald Trump — recently mocked the network's parent company over a $16 million settlement with the president. The timing of the settlement raised questions as Paramount Global has sought to win over the Federal Communications Commission's chair, a Project 2025 contributor who has embraced Trump, on a multibillion-dollar deal to merge with Skydance Media. Check out Letterman's video, titled 'CBS: The Tiffany Network,' here. Letterman, a critic of Trump who has expressed regret over his interviews with the then-real estate developer during his decades at 'The Late Show,' joins a number of other late-night figures who have weighed in on the shock CBS decision. Jimmy Kimmel, in an Instagram Stories update while on vacation from his ABC show last week, showed love to Colbert before dropping a blistering jab directed at his network. 'Fuck you and all your Sheldons CBS,' he wrote. 'Last Week Tonight' host John Oliver and NBC late-night hosts Jimmy Fallon and Seth Meyers have all expressed sadness over the news in recent days, as well. Oliver, Fallon, Meyers and 'Daily Show' host Jon Stewart are reportedly expected to show support for Colbert in an appearance on Monday's episode of 'The Late Show,' according to Related... 'I'm Partly Excited': John Oliver Teases What Colbert May Do In Final Months Of Show Megyn Kelly's Attempt To Burn Stephen Colbert Gets Thrown Right Back At Her 'Blackmail': Rosie O'Donnell Rips CBS For Kissing 'Madman' Trump's Ring After Colbert News
Free Malaysia Today
3 days ago
- Entertainment
- Free Malaysia Today
Stephen Colbert's late-night show on CBS to end in May
Kamala Harris joined Stephen Colbert in cracking open a beer can while taunting US president Donald Trump during 'The Late Show' last year. (CBS pic) LOS ANGELES : 'The Late Show with Stephen Colbert' on CBS will end in May 2026 after the upcoming broadcast season, the network said on Thursday. The show is ending and Colbert will not be replaced, CBS executives said. 'This is purely a financial decision against a 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 executives said in a statement. CBS parent company Paramount is seeking approval from the US Federal Communications Commission for an US$8.4-billion merger with Skydance Media. This month, Paramount agreed to settle a lawsuit filed by president Donald Trump over an interview with former vice-president Kamala Harris, his Democratic challenger in the 2024 presidential race, that CBS's '60 Minutes' broadcast in October. Colbert, a frequent critic of Trump on his show, told his audience on Thursday that he was informed of the show's cancellation the night before. Senator Adam Schiff of California, a Democrat, was a guest during Thursday's show. 'If Paramount and CBS ended the Late Show for political reasons, the public deserves to know. And deserves better,' Schiff wrote on X.
Yahoo
3 days ago
- Business
- Yahoo
This Woman Regrets Selling Her House In 2022 — Suze Orman's Advice: 'Look At What You Have, Not At What You Had'
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. When Anita, 68, sold her home in 2022, she believed she was making a smart financial decision. At the time, rising interest rates and fears of a housing market downturn made selling seem like the safe move. But three years later, she's paying more in rent than she ever did for her mortgage — and she's second-guessing her choice. On a recent episode of the "Women & Money" podcast, Suze Orman responded to Anita's story with advice that many retirees may find relevant: "Look at what you have, not at what you had." Don't Miss: Accredited investors can —with up to 120% bonus shares—before this Uber-style disruption hits the public markets Named a TIME Best Invention and Backed by 5,000+ Users, Kara's Air-to-Water Pod Cuts Plastic and Costs — Why Suze Says Timing Wasn't Everything Anita sold her house during a time of uncertainty. She'd lost her partner four years prior and was trying to do what she thought was right, given the economic climate. But Orman pointed out that making major financial decisions during periods of grief often leads to regret. "That's why I always say to everybody that you are to do nothing other than to stay safe and sound for at least six months to one year, preferably two years, after you have suffered the loss of a loved one," Orman said. By selling the home, Anita found herself caught in a challenging rental market — and is now considering reentering homeownership in either California or Washington state. Trending: , which provides access to a pool of short-term loans backed by residential real estate with just a $100 minimum. Homeownership vs. Renting in Retirement While Anita is tempted to buy again, Orman cautioned her to take a step back. Just because renting now costs more than a past mortgage doesn't mean buying is automatically the better move. "Can you afford renting? Because trust me, renting has its advantages as well," Orman said. "When something don't have to fix anything." Orman reminded listeners that at age 68, it's important to think about more than just dollars and cents. Lifestyle, convenience, and risk all play a role. Owning a home comes with responsibilities — maintenance, property taxes, insurance — and those costs have risen significantly since Anita last owned a Questions To Ask Before Buying Again Rather than rush into a purchase to "undo" a past mistake, Orman urged Anita to consider the full picture: Do you like where you live now? Can you comfortably afford rent without financial strain? Is the new location walkable and close to healthcare or community support? What are the maintenance needs of the property? Will noise, weather, or neighbors affect your quality of life? Orman also raised concerns about potential hidden costs in the homes Anita is considering, such as remodeling or rising property insurance. Final Thoughts: Take Stock of What You Have Though Anita regrets her 2022 decision, Orman reminded her — and listeners — not to let that regret drive their next move. Anita still has assets, including cash that could earn interest or be invested wisely. That financial flexibility could be more valuable than tying up funds in a home she may not be ready for. The lesson? It's not just about correcting past decisions. It's about making smart, forward-looking choices — especially during retirement. Read Next: Warren Buffett once said, "If you don't find a way to make money while you sleep, you will work until you die." Here's , starting today. Image: Shutterstock This article This Woman Regrets Selling Her House In 2022 — Suze Orman's Advice: 'Look At What You Have, Not At What You Had' originally appeared on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
4 days ago
- Entertainment
- Yahoo
Jimmy Kimmel Says ‘F— You CBS' for Canceling ‘Late Show With Stephen Colbert' as Speculation Stirs if the Series Is Ending for ‘Political Reasons'
Jimmy Kimmel gave a salute to 'The Late Show With Stephen Colbert' — and blasted rival network CBS — on Thursday evening, hours after CBS announced that it is canceling Colbert's series in May 2026 and retiring the 'Late Show' brand. 'Love you Stephen,' Kimmel wrote on his Instagram story, captioning a clip of Colbert's on-air announcement that his show would be ending. 'Fuck you and all your Sheldons CBS.' More from Variety CBS to Cancel 'Late Show With Stephen Colbert' Citing 'Financial Decision' Jimmy Kimmel, Stephen Colbert Mock Trump for Complaining on Juneteenth About 'Too Many Non-Working Holidays': 'Juneteenth Is a Day of Joy - So Donald Trump Doesn't Like It' Jimmy Kimmel, Kerry Washington, Ayo Edebiri Join 'No Kings' Protests Against Trump Administration: 'Love One Another. It Really Is as Simple as That' Shortly after Colbert revealed that 'The Late Show' would be ending during his taping Thursday, CBS confirmed the plans, justifying the cancelation as a 'purely financial decision against a challenging backdrop in late night' and emphasizing that 'it is not related in any way to the show's performance, content or other matters happening at Paramount.' The late night format's decline amid the rise of digital media has become a well-known business trend in recent years. Nonetheless, the timing of Colbert's cancelation has raised eyebrows among commentators, indicative of a widespread belief that media companies are censoring themselves and capitulating to President Trump. The decision to end 'The Late Show' comes roughly two weeks after Paramount reached an agreement with Trump to pay $16 million to settle a lawsuit it had once described as 'meritless,' in which Trump accused '60 Minutes' of deceptively editing an interview with then-presidential candidate Kamala Harris. The settlement signaled a belief that ending the legal dispute with Trump could help speed federal approval on a planned deal for Skydance Media to acquire Paramount. Colbert has been a longstanding critic of Trump, regularly skewering the President in his late night monologues since his tenure as 'Late Show' host began in 2015. 'CBS canceled Colbert's show just three days after Colbert called out CBS owner Paramount for its $16 settlement with Trump – a deal that looks like bribery,' Senator Elizabeth Warren wrote in a statement on social media. 'America deserves to know if his show was canceled for political reasons.' 'Stephen Colbert is a profoundly good and deeply talented man with a great staff and an excellent show. They all deserve better,' said Andy Richter, Conan O'Brien's late night righthand man. The Bluesky post came alongside a screenshot of a texting conversation in which Richter's contact simply wrote 'Trump' and 'Mother fucker.' 'The financial side of that business has definitely been under pressure, as CBS release asserts, but if CBS believes it can escape without some serious questions about capitulating to Trump, they are seriously deluded,' wrote former New York Times media reporter Bill Carter, now editor-at-large for Late Nighter. 'When media companies cancel late night shows to appease fascist presidents, America fucking ends,' TV exec producer Mike Schur ('Parks and Recreation,' 'The Good Place,' 'A Man on the Inside') wrote on Bluesky. 'If you think for one second that this decision has nothing to do with Trump, don't worry, he will brag about it within the next 24 hours and disabuse you of that notion. The #1 way to explain America working properly is by saying 'comedians can make fun of he President on TV.' A good way to explain fascism is 'the President forces companies to fire those comedians as a condition of allowing them to conduct business.'' See more reactions to the ending of 'The Late Show With Stephen Colbert' below. Sorry to hear @CBS is canceling one of the best shows they have. Wishing all the people who work so hard on that show all the best.@colbertlateshow — Ben Stiller (@BenStiller) July 18, 2025 Just finished taping with Stephen Colbert who announced his show was Paramount and CBS ended the Late Show for political reasons, the public deserves to know. And deserves better. — Adam Schiff (@SenAdamSchiff) July 17, 2025 either you fall in line or you lose your show — Desus MF Nice💯 (@desusnice) July 17, 2025 'This is purely a financial decision against a challenging backdrop in late night,' top CBS executives said in a statement announcing the news. 'It is not related in any way to the show's performance, content or other matters happening at Paramount.' — Bill Simmons (@BillSimmons) July 18, 2025 Best of Variety New Movies Out Now in Theaters: What to See This Week 'Harry Potter' TV Show Cast Guide: Who's Who in Hogwarts? Final Emmy Predictions: Talk Series and Scripted Variety - New Blood Looks to Tackle Late Night Staples
