CBS, Late Show and Stephen Colbert
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A new report from Puck's Matt Belloni is shedding light on the finances that led to CBS' bombshell cancellation of "The Late Show with Stephen Colbert."
CBS could not figure out a path to profitability in an entertainment world increasingly dominated by streaming.
O'Donnell, a recent target of the president's threats, sounded the alarm on the network's stunning "Late Show" decision.