Per sources, the purported financial problems that The Late Show has been experiencing are due to diminishing advertising revenue. It was reported by CNN that the late-night talk shows across all the major networks brought in $220 million,

Kimmel added, “There’s just not a snowball’s chance in hell that that’s anywhere near accurate.” And he even used his own numbers as proof, saying, “I will tell you, the first 10 years I did the show, they claimed we weren’t making any money — and we had five times as many viewers on ABC as we do now.”