Dave Portnoy slammed Stephen Colbert after CBS canceled “The Late Show,” calling the host arrogant and ungrateful. Portnoy argued the real reason for cancellation was simple capitalism—Colbert’s show lost CBS $40 million last year. He mocked those claiming political motives, insisting business decisions shouldn’t be twisted into partisan battles. Conservatives agree: if you bleed money and trash your bosses, you get fired.
Colbert attacked CBS on air, comparing a lawsuit payout to a “bribe” just before his cancellation. Portnoy blasted this as pure arrogance, saying no business would tolerate such disloyalty. If a Barstool employee pulled that stunt while losing millions, they’d be gone instantly. This is common sense, not cancel culture—it’s accountability.
The show’s massive losses made cancellation unavoidable. Late-night TV is dying, with podcasts now drawing bigger audiences cheaper. Taxpayers and shareholders shouldn’t fund vanity projects that hemorrhage cash. Colbert’s ratings collapse proves audiences reject his divisive politics.
Portnoy highlighted Colbert’s decline since leaving Comedy Central, losing the humor that once made him popular. Fans might mourn the show, but businesses exist to make money, not push agendas. When employees cost more than they earn, replacement is inevitable.
CBS faced intense backlash, but Portnoy defended the network’s right to cut losses. Late-night TV’s golden age is over, and clinging to outdated models is foolish. Barstool’s podcast empire thrives because it adapts—unlike Colbert’s sinking ship.
Some politicians cried conspiracy, but Portnoy shredded that theory. Losing $40 million yearly isn’t politics—it’s failure. If Colbert valued his job, he’d have respected CBS instead of biting the hand that fed him.
Conservatives cheer this reality check: the market rewards value, not entitlement. Colbert’s exit reminds us that no one is too big to fail. If your work loses money and you attack your employer, expect consequences.
The free market worked here, plain and simple. Colbert’s show failed, so it got canceled. That’s capitalism—not censorship. Patriots know businesses must prioritize profit to survive, and CBS made the only rational choice.