Enterprises that bleed $40 million per year get cut.
It wasn't "bleeding $40 million per year".
The show has been running for 33 years and Colbert was the host for the last 11.
It wasn't until billionaire, and Trump butt buddy, Ellison bought CBS that suddenly they discovered "the bleed".
Regardless. The Late night show was the # 1 show for its time slot.
Most networks would cut back on costs before ditching it altogether.
The cancellation was purely political.
How many dumbasses have been killed from using ivermectin or hydroxychloroquine instead of getting the Covid vaccine?
Trump is directly responsible for dead Americans.