Two weeks before CBS dropped the bombshell that The Late Show with Stephen Colbert was being cancelled next year, former late-night legend Jay Leno weighed in on just how political various talk shows should get,

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.

Rumors about the $40 million annual losses appeared to stem from reports published by a media outlet called Puck and the New York Post.