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Saturday, July 21, 2018

Andrew Cuomo throws cash at CBS, NBC to keep late night shows

Gov. Andrew Cuomo promised NBC and CBS tens of millions of dollars’ worth of taxpayer-subsidized incentives to keep the kings of late-night TV in the Big Apple.

And, like many of the jokes by Jimmy Fallon and Stephen Colbert, the money is nothing to laugh at.

CBS scored up to $16 million in tax credits and cash to keep “The Late Show” broadcasting from Manhattan after the May 2015 retirement of longtime host David Letterman.

That included $5 million just to renovate CBS’s Ed Sullivan Theater on Broadway at West 53rd Street.

Cuomo claimed the funding from Empire State Development would preserve 200 local jobs.

But CBS has made out like a bandit during late night, thanks in part to President Trump taking office.

Colbert’s relentless jabs at Trump propelled his show ahead of the late-night competition last year after consistently trailing Fallon’s “Tonight Show,” and Colbert holds a 1.2 million-viewer edge in this season’s ratings.

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3 comments:

Anonymous said...

Colbert needs a throat punch.

Anonymous said...

12:53-Agreed,but a conservative late night host who relentlessly made fun of liberals would be a welcome sight.

LastMohican said...

When Carson left and then died, so did late night.