🎤 Jimmy Kimmel GOES OFF on CBS Rumors — Defends Colbert in Viral Monologue

The abrupt cancellation of The Late Show with Stephen Colbert has been one of the most shocking shake-ups in late-night history.

Stephen Colbert & Jimmy Kimmel Roast No-Host Emmys, Share Presenting Duties With Amazon's Alexa

With no farewell, no send-off, and no clear explanation, the void was quickly filled by speculation.

And speculation is hungry.

One theory spread like wildfire: that Colbert’s show was a financial disaster.

Reports circulated claiming it was hemorrhaging $40 million annually, a figure so staggering it turned the cancellation from shocking to “inevitable.

But then Jimmy Kimmel weighed in.

Speaking on his own platform, Kimmel cut through the noise with his signature mix of sharp humor and cold facts.

“$40 million a year?” he scoffed.

“That’s not a loss—that’s a science-fiction movie budget.

And Stephen isn’t filming Avatar 4 out of the Ed Sullivan Theater.

Jimmy Kimmel Says He Was Close to Retiring Before Writers Strike

The audience roared, but Kimmel wasn’t joking.

He pressed on, calling the rumor “a lazy smear” and accusing unnamed insiders of weaponizing fake numbers to discredit Colbert’s legacy.

“Let’s be clear,” Kimmel said, pausing for emphasis.

“Colbert was number one in late-night more nights than not.

He crushed it in the key demos.

Late-Night Hosts Stephen Colbert, Jimmy Kimmel and More Launch Podcast

And you don’t cancel a show at the top because of ‘imaginary math.

’ You cancel it because somebody got uncomfortable with the truth he was telling.

That line—“uncomfortable with the truth”—set the internet ablaze.

Was Kimmel suggesting Colbert’s cancellation had less to do with money, and more to do with politics? Many think so.

For years, Colbert’s monologues have been sharp, biting, and unflinching—targeting not only political hypocrisy but corporate malfeasance and even media itself.

It made him beloved by audiences and loathed by powerful figures.

The idea that Colbert was punished for being too fearless suddenly didn’t feel like a theory anymore—it felt like the real story.

Insiders at CBS are already scrambling.

Jimmy Kimmel Says Stephen Colbert's Late-Night Show Was Not Canceled for  Losing $40M

Several unnamed executives have reportedly bristled at Kimmel’s remarks, calling them “irresponsible.

” But fans aren’t buying the corporate spin.

Online, hashtags like #ColbertDidntLose40M and #KimmelKnows began trending within hours.

Even rival comedians have chimed in, praising Kimmel for defending a colleague rather than piling on.

One late-night writer tweeted: “The $40M lie was designed to smear Colbert.

Kimmel just burned it to the ground.

The timing couldn’t be worse for CBS.

Already facing backlash for Colbert’s abrupt exit, the network now has to fend off allegations of a cover-up—and Kimmel’s fiery monologue has only amplified suspicions.

But beyond the speculation, one thing is crystal clear: Jimmy Kimmel isn’t letting his friend’s legacy be reduced to a talking point.

“Stephen Colbert didn’t lose $40 million a year,” Kimmel said in closing.

“What he did lose—what we all lost—was a stage where truth could still make people laugh and think at the same time.

And if that’s too expensive for CBS, then maybe it’s not Colbert who has the problem.

The studio audience erupted into cheers.

Online, the clip has already gone viral, with fans praising Kimmel for saying what everyone else was afraid to.

And just like that, the $40 million rumor? Dead on arrival.

Because in the world of late-night, numbers can be twisted.

But loyalty—and truth—speak louder than any spreadsheet.