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<v Speaker 1>Callarogas Shark Media.

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<v Speaker 2>Hello again, I'm Johnny mag with a Stephen Colbert based

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<v Speaker 2>bonus episode. There was a normal episode of Daily Comedy

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<v Speaker 2>News in the feed earlier Monday. This is an episode

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<v Speaker 2>for Monday Middle of the day. Let's start with Friend

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<v Speaker 2>of the Show John Marco SIRESI he was on MSNBC.

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<v Speaker 2>What do you make of his cancellation. I mean, give

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<v Speaker 2>me your big takeaway pictures? Are you buying that it's financial?

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<v Speaker 2>Is it sad to see the end of such a

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<v Speaker 2>kind of iconic brand in franchise? It could be financial,

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<v Speaker 2>and you know, Epstein could have liked Trump for his drawings.

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<v Speaker 2>Anything's possible. Interesting reporting from Variety, who said, I guess

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<v Speaker 2>last week. The phrasing is earlier this week, but it's

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<v Speaker 2>Monday morning, so I guess. Last week, sky Dane's chief

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<v Speaker 2>David Ellison met with FCC chair Brendan Carr and others

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<v Speaker 2>at the commission to lobby for the deal's approval, and notably,

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<v Speaker 2>Ellison promised that CBS's editorial decision making reflects the varied

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<v Speaker 2>ideot logical perspectives of American viewers. In a February seventh

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<v Speaker 2>Fox News interview, FCC Chairman Brendan Carr commented on Trump's

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<v Speaker 2>lawsuit against CBS and said the president quote has been

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<v Speaker 2>right on these media bias issues. On Tuesday, January fifteenth,

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<v Speaker 2>Ellison and his lawyer met with Carr. According to a

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<v Speaker 2>letter posted in the FCC's docket, Ellison and Brill Brill

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<v Speaker 2>is Ellison's lawyer, emphasized the public interest benefits of the

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<v Speaker 2>sky Dance Paramount transaction end quote. We also urged the

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<v Speaker 2>Media Bureau to promptly grant approval of the transfer of

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<v Speaker 2>the CBS licenses to quote new Paramount. According to the

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<v Speaker 2>filing quote. We made clear that mister Ellison will lead

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<v Speaker 2>New Paramount with a talented team of executives focused on

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<v Speaker 2>American storytelling. A lot to unpack there. In Variety, Rob

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<v Speaker 2>Schneider wrote an opinion piece for Fox News. Rob Schneider writes, respectfully,

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<v Speaker 2>Stephen Colbert has been doing nothing but wayfer thinly disguised

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<v Speaker 2>democratic propaganda talking points for the last eight years plus.

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<v Speaker 2>While I completely support mister Colbert's freedom of speech, his

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<v Speaker 2>utter disdain for half of America and every swing state

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<v Speaker 2>greatly diminished his audience potential. I also respect Colbert's direct

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<v Speaker 2>criticism of his employer, CBS Paramount, and his opinion that

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<v Speaker 2>they cave to President Trump when they settled their lawsuit

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<v Speaker 2>against the sitting president. That took guts. I'll give him that.

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<v Speaker 2>But Colbert, like ABC Late Night host Jimmy Kimmel, excluded

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<v Speaker 2>conservatives completely from his show and limited parentheses prevented his

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<v Speaker 2>audience from hearing opposing viewpoints. Colbert fed liberal slopped to

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<v Speaker 2>his liberal minded Kamala supporters, and cared less about challenging

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<v Speaker 2>them intellectually by actually appealing to their higher nature or

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<v Speaker 2>engaging in thought provoking debate. Nah, just keep crapping on

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<v Speaker 2>half the country that's no longer afraid to say women

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<v Speaker 2>don't have penises and boys shouldn't get to beat up

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<v Speaker 2>girls in girls' sports. So, while I support mister Colbert's

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<v Speaker 2>First Amendment right for free speech, great point, Rob Schneider. Yeah.

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<v Speaker 2>As for CBS Paramount, they are a private company and

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<v Speaker 2>they have to pay the bills or used to, so

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<v Speaker 2>they can fire anyone they want in Colbert, who under

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<v Speaker 2>an estimated twenty million dollars salary, was reportedly losing the

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<v Speaker 2>company forty million dollars per year. Several more paragraphs there

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<v Speaker 2>than Rob ends with. I wish mister Colbert are much

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<v Speaker 2>success in whatever he does next. Show business is a

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<v Speaker 2>tough business. Rob was on Fox and Friends.

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<v Speaker 1>Colbert never had me on his show. Neither has Jimmy

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<v Speaker 1>Kimmel or well, I guess I was on a couple

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<v Speaker 1>of times early. But look, it's here's what happens. Like

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<v Speaker 1>Colbert already cut the pie. It's a pizza. He already

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<v Speaker 1>cut it in half. His potential audience. He cut it

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<v Speaker 1>in half with it just by cutting out all conservatives

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<v Speaker 1>at all, not caring about you know, the forty seven

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<v Speaker 1>states that may have a different opinion than the Democratic

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<v Speaker 1>Party of open borders, and women have junk between their legs.

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<v Speaker 1>We have to And so he had half the pie

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<v Speaker 1>already gone, and then then he has to divide that

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<v Speaker 1>pizza in three slices with Jimmy Kimmel and Jimmy Fallon.

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<v Speaker 1>And then so he's he's he's working for a third

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<v Speaker 1>of a piece of pie, and that's just not going

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<v Speaker 1>to pay the bills. They have two hundred employees, and frankly,

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<v Speaker 1>you know I have more more people will watch this

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<v Speaker 1>on Twitter. Then you know, for his advertising group that

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<v Speaker 1>everybody on TV seems to still think is important that

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<v Speaker 1>eighteen to thirty five group, and it's just that audience

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<v Speaker 1>isn't there anymore. It's I mean, the late night show

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<v Speaker 1>is a relic. But the thing about it which was

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<v Speaker 1>special when I was a kid, you know, when we

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<v Speaker 1>were you know, my family were all, you know, climbing

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<v Speaker 1>mom and Dad's bed and watching TV. Johnny Carson was

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<v Speaker 1>he made the show for everybody. He didn't alienate anyone,

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<v Speaker 1>and you never knew who he kind of thought that

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<v Speaker 1>these guys all leaned left like most of the media,

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<v Speaker 1>but you never knew one hundred percent. And that's kind

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<v Speaker 1>of a beautiful thing. And I hope it goes back

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<v Speaker 1>to that.

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<v Speaker 2>Rosie O'Donnell jumped on Instagram on Sunday and wrote, Hey,

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<v Speaker 2>Tangerine Trump. First you said I should be stripped of

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<v Speaker 2>my citizenship. Now you're publicly celebrating that Stephen Colbert lost

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<v Speaker 2>his job. You've never understood the role of comedy or

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<v Speaker 2>the role of truth. You think isolent seeing a comedian

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<v Speaker 2>means you've won something you haven't. Stephen said up to

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<v Speaker 2>you like so many of us have. Not because it

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<v Speaker 2>was easy, but because it was necessary. He told the

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<v Speaker 2>truth with wit and courage night after night. Well, you

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<v Speaker 2>used your platform to spread fear, lies and hate. John

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<v Speaker 2>Oliver was in Eerie, Pennsylvania. He was part of that

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<v Speaker 2>stunt to rebrand the baseball team the Moon Mammoths. He

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<v Speaker 2>was asked about Stephen Colbert. John Oliver said, I love Steven,

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<v Speaker 2>I love his staff, I love that show. It's incredibly said.

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<v Speaker 2>I'm partly excited to see what they're going to do

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<v Speaker 2>the next ten months. It's terrible, terrible news for the

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<v Speaker 2>world of comedy. Late night shows mean a lot to me,

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<v Speaker 2>not just because I work in them, but because even

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<v Speaker 2>growing up in England, I would watch Letterman Show, which

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<v Speaker 2>of course was Stephen's Show. I think about what a

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<v Speaker 2>glamorous world that was so to have got to be

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<v Speaker 2>on Letterman Show, and Stephen's Show has always been one

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<v Speaker 2>of the most fun things. So it's very very sad news.

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<v Speaker 2>I look forward to seeing what he's going to do next,

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<v Speaker 2>because that man will not stop now. The Wall Street

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<v Speaker 2>Journal jumped in again. I think many things can be

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<v Speaker 2>true at once. My spidy senses tingling with the timing

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<v Speaker 2>here in the merger deal, but also the numbers and

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<v Speaker 2>the financials. As you look at all this, it's not

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<v Speaker 2>crazy talk to end this show. Perhaps there's a scenario

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<v Speaker 2>where you could do some cost cutting or figure something out.

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<v Speaker 2>But the Journal points out Colbert has two point four

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<v Speaker 2>million viewers most nights, less than one percent of the country.

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<v Speaker 2>It's a tiny fraction of Johnny Carson's viewership at a

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<v Speaker 2>time when the nation was smaller. The late show's audience

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<v Speaker 2>has fallen more than thirty percent in the past five years,

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<v Speaker 2>and even more among the eighteen to forty nine s.

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<v Speaker 2>Colbert's operation reportedly costs north of one hundred million dollars

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<v Speaker 2>annually and hemorrhaged forty million dollars last year, nearly half

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<v Speaker 2>being the host salary. The Journal rights America depends on

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<v Speaker 2>a shared sense of Wii boomers and gen X once

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<v Speaker 2>found some of that on late night TV from millennials

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<v Speaker 2>and gen Z. A fragmented media ecosystem that's insufficiently popular

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<v Speaker 2>to sustain a common culture presents real challenges. Any revolution

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<v Speaker 2>would not be televised. It would be streamed from one

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<v Speaker 2>thousand angles across a million platforms. The New Yorker happens

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<v Speaker 2>to have a piece by Stephen Colbert this week. It

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<v Speaker 2>is titled Stephen Colbert and Kenneth Tynan's Profile of Johnny Carson.

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<v Speaker 2>Apparently there was a good profile of Carson in nineteen

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<v Speaker 2>seventy eight. Colbert wrote that article is twenty thousand words.

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<v Speaker 2>It's giving ahead. While I host a show in the

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<v Speaker 2>same time slot and tradition as Carson, I am not Johnny.

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<v Speaker 2>Neither was quote unquote Johnny, who is described as an

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<v Speaker 2>eighth of Carson, the rest being hidden behind midwestern and

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<v Speaker 2>professional recipitudes and protective sodality. A lot of big words

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<v Speaker 2>here of producers, lawyers, and execs who pronounced Johnny a

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<v Speaker 2>reformed drinker, loving son and husband, faithful to the point

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<v Speaker 2>of celibacy. Two or false? Do we care Johnny or Johnny?

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<v Speaker 2>He was there every night like the tide, and we

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<v Speaker 2>loved him. I have the Carson books, I've watched the

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<v Speaker 2>Carson biles. I have a dear friendship with his old

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<v Speaker 2>writer and pure Dick Cavitt. One disappointment. Tynan presents no process.

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<v Speaker 2>How did Johnny arrive at quote between sixteen and twenty

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<v Speaker 2>two short fire jokes per monologue? What happened behind that

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<v Speaker 2>rainbow curtain? I know the articles about the man, not

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<v Speaker 2>the job, but were told the show is Johnny john

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<v Speaker 2>is the show. You'll find that in the print edition

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<v Speaker 2>July twenty eighth, twenty twenty five issue of The New

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<v Speaker 2>Yorker The Town podcast. They did this asn't aside. They

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<v Speaker 2>were talking about the Colbert of it all. They said,

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<v Speaker 2>Mullaney on Netflix was getting five hundred thousand viewers, five

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<v Speaker 2>hundred thousand, five hundred thousand Formulaney. I don't know if

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<v Speaker 2>that thing's coming back. Maybe just with the zeitgeist, they

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<v Speaker 2>think people will rally behind Malani. But like I said,

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<v Speaker 2>when the show was airing season two, I didn't think

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<v Speaker 2>the show was working creatively and I didn't think it

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<v Speaker 2>was really capturing a buzz. And I may have been right.

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<v Speaker 2>Friend of the show, Jason Zinneman in The New York

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<v Speaker 2>Times right, it's getting canceled may end up being the

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<v Speaker 2>best thing that's ever happened to Stephen Colbert. The same

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<v Speaker 2>cannot be said for its impact on late night television.

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<v Speaker 2>His quick, improv honed wit and intellectual depth could feel

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<v Speaker 2>hamstrung by the show's short segments, and sometimes when he

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<v Speaker 2>got on a good riff or dug into an area

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<v Speaker 2>of major interest. You wondered if it would fit better

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<v Speaker 2>on a podcast. Zinneman rights, late night television is not finished.

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<v Speaker 2>In fact, you could say we're reverting to the era

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<v Speaker 2>before the early nineties, when NBC dominated and there were

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<v Speaker 2>occasionally network alternatives. The loss of the late show is

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<v Speaker 2>not the deathnell, but it is a deathnell. If video

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<v Speaker 2>killed the radio star, who did in the network late

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<v Speaker 2>night superstar. The Internet is the primary suspect, increasing competition,

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<v Speaker 2>shipping away at ad dollars, and transforming the time at

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<v Speaker 2>which we watch these shows, making the term late night

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<v Speaker 2>itself a misnomer all caps. Of course, money matters, but

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<v Speaker 2>so does the climate which it's allocated. Late night used

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<v Speaker 2>to be, among other things, a prestige business. The hosts

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<v Speaker 2>were some of the key phases of the network. On

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<v Speaker 2>top of profits, the show's generated press, attention, in house promotion,

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<v Speaker 2>and buzz. Now, media bosses seem more willing to cut

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<v Speaker 2>a check for millions of dollars to make a political

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<v Speaker 2>problem go away, rather than spend that money to keep

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<v Speaker 2>their late night show. Yeah. I talked about this in

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<v Speaker 2>one of the other bonuses. So at some point you

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<v Speaker 2>have to ask the question, who are we Fox shows

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<v Speaker 2>sports and animation. You know, maybe CBS is looking at

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<v Speaker 2>that and going, all right, why don't we just do

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<v Speaker 2>our procedurals from E two eleven. We'll show some football

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<v Speaker 2>during the fall, and why do we have a late

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<v Speaker 2>night show? Not crazy? The Hollywood Reporter wondered what's next

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<v Speaker 2>for Colbert, and they pointed out while he lives in

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<v Speaker 2>New Jersey, he's from South Carolina and one of those

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<v Speaker 2>states Senate seats is open next year. Colbert has joked

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<v Speaker 2>about the idea of running for office for years. When

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<v Speaker 2>asked directly about this in two thousand and seven, Larry

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<v Speaker 2>King asked if Colbert would ever consider running for president,

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<v Speaker 2>and again, that's two thousand and seven, a lifetime ago

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<v Speaker 2>in some ways, Colbert said, obviously, every boy's thought of it.

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<v Speaker 2>And when you look at a field of candidates like this,

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<v Speaker 2>so that's the two thousand and eight campaign, you know,

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<v Speaker 2>and trailed off. I thought about that a lot over

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<v Speaker 2>the weekend. Stephen Colbert is sixty one, so he'd be

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<v Speaker 2>sixty three sixty four when the next election rolls around.

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<v Speaker 2>He's nice looking, he's telegenic, he's good at the art

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<v Speaker 2>of the media. He's not eighty years old. The people

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<v Speaker 2>who don't like him, Rob Schneider apparently already don't like him,

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<v Speaker 2>so there's no loss there. If I'm the Democrats, I'm

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<v Speaker 2>calling Stephen Colbert today. If you're not alreaddy on the

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<v Speaker 2>phone with him, you should be. I don't know if

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<v Speaker 2>he would want the gig, but if they rolled him

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<v Speaker 2>out as a candidate, very interesting. The current holder of

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<v Speaker 2>the office, among other things on his resume, hosted a

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<v Speaker 2>show called The Apprentice and was really good at media

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<v Speaker 2>and look at you head to you tonight Late Nighter

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<v Speaker 2>points out, let's pay a lot of attention to John

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<v Speaker 2>Stewart tonight. Colbert and Stewart are friends. John Stewart is

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<v Speaker 2>an EP on The Late Show. They share the same manager,

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<v Speaker 2>James baby Doll Dixon. We'll see what John has to say.

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<v Speaker 2>And that is a bonus episode back in the morning

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<v Speaker 2>with a normal episode. It was a very busy weekend.

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<v Speaker 2>Just in case you haven't caught everything. Going back Friday

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<v Speaker 2>morning's episode where I recapped Shane Gillis, I thought was strong,

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<v Speaker 2>and then it's just been bonus regular, bonus regular, bonus regular.

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<v Speaker 2>I'll be back in the morning. See then, thanks for listening,