Good Bye Stephen Colbert, Destroyer of Shareholder Wealth

RIP Late Night with Stephen Colbert.’

Hasta La Vista Colbert and fellow unfunny, unwatched trump hate show host Kimmel

For those that used to watch Late Night, (2.8 million, or 0.006% of the US population) last Thursday was a day of mourning. No longer to enjoy the sight of dancing syringes demanding you get the covid jab. The end of a nightly roast of Donald Trump and I assume, other republicans. Wah. Note you can switch to Jimmy Kimmel, and I suspect, any number of YouTube channels to get a fix of this content. But you are sad.

Not having been a fan of overtly political “humor” of this ilk, I never watched Colbert, Kimmel, et al so I can’t what really went on. But to each his/her/they own.

My goal here is not to mock, nor celebrate the end of this show. Life goes on. I never paid any attention to any of this, so never cared if he was on or not. No, my goal here is to mock CBS for blowing $40 million (! A year! For 2 1/2 decades!) on this show. And to mock Colbert for his gross excess in producing an unwatched show that required 200 employees.

The Late Night Staff Before Fiscal Reality Finally Brought the Merciful End

Hahahah! Dancing syringes! So funny!

Really, CBS stood by and let this guy blow $40M a year? Why? Where is the Board of Directors for this company? Are they the same eedjits that were on the board at Twitter, that Elon bought and successfully runs with 80% fewer people? I have to believe its the same talent pool. A crack squad of bozos. A shollow pool of invertibrates.

Board Meeting At CBS

Lets assume Colbert did not lose this much for the entire 26 years he was on TV. Maybe it was only say, the last 10 years. Thats $400M for show virtually NO ONE watched. (As much as $1.04B). OK CBS, I don’t get how you run your business. I don’t watch much of your channel anyways, your 7:00 news is a factual laughingstock in last place in the ratings. A hint at the quality of the management team. But really? Couldn’t your shareholders have used these funds to buy the beer your sponsors hock during NFL broadcasts?

Lets turn to Colbert, who is responsble for $400M to maybe $1 billion in wealth destruction over his calamitous career. The great sucking sound of an unfunny comedian, well, sucking at being either funny or competent at management. He spent money like the C Suite at Twitter, frivolously, wastefully, stupidly, with abandon. Like the US Medicaid department, like a Billionaires ex wife.

Apparently it took 200 people to produce Colberts nightly obscure snooze fest. AI says Johnny Carson had 8-12 writers per year. To produce 10x the audience. As best I can tell with a quick google search, SNL gets by with 10. And IT is ocasionally funny. Colbert needed 26 writers. How did anyone even get to pitch a joke, trying to talk over 25 others? Surely if the show did have any good writers (the audience size calls this into serious question) that person never got their idea heard over the cacophony.

And what did the other 173 people do? Well the band had 8 people. Lets say 3 camera guys, similar number back in the booth bleeping out the obscenities. A few unpaid pages. Lighting and video crews, 4-6 people. Lets say, 2 each in costumes and makeup. The rest? Sychophants, people picking up cleaning, minions without portfolio, a nose tweezer guy. Random BIPOCS and other-gender folks to ensure strict quotas upheld. Pronoun police, 5? I am guessing that there were 5 people whose only job was to make sure Colberts tea never got cold, he never had a hair out of place, and no common folk got too close. People to arrange golf tee times for the great dissipater of shareholder money, and get restaurant reservations. People to get his buddies’ kids into UCLA. Homies, hangers on, a posse. The cocaine and meth dealer. And at least 10 people to post anti trump memes on X and rant loudly in the meeting rooms to inspire and assure spittle emitting trump hatred among the entire staff. I simply can’t imagine what the other say, 100 people did. Huff glue?

I am guessing that the average working day, of actual productive work, was less than an hour a day. (Again, this is Twitter level of goofing off for a living).

There, my rant is over. Colbert was and ever will be, nothing to me. I did not watch him, nor did I respect him or his noxious bile. But I do think he should be roundly mocked for pissing away potentially $1 Billion in shareholder money. Through my vast holdings in the no load S&P 500 fund, at least 8.7 cents of that WAS MINE dammit! F you Colbert, and the executives who pissed away almost 9 centsI should have in my meagre 401K. You are surely deserving of all the mocking we UNPAID but at least UNWASTEFUL content providers can produce.

The Final Word, Colbert and CBS Management. You suck

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