Jimmy Kimmel says he felt 'defeated' after Colbert show was cancelled, says CBS is using 'made-up numbers'

Jimmy Kimmel expressed feeling 'defeated' after CBS canceled Stephen Colbert's late-night show, questioning the network's claim of losing $40 million annually. Kimmel cited a 2023 New York Times report about Colbert rejecting a longer contract as evidence the financial claims were 'made-up numbers.'