CBS Losing Up To $20M On James Corden’s Show Before Cancellation
View Source | May 2, 2023 3:42 pm
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- An industry insider claims “The Late Late Show” with James Corden was canceled because it lost massive amounts of money, costing CBS up to $20 million per year to keep on the air.
- British TV presenter Corden, best known for his “Carpool Karaoke” skits, hosted the last installment of the program last week after heading it up for eight years.
- The 44-year-old was reportedly paid close to $5 million per year to host the show. A source told Los Angeles Magazine that the production costs were between $60-$65 million while profits topped out at $45 million.
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