NEW YORK CITY – Following the sudden cancellation of The Late Show With Stephen Colbert, CBS has announced a revamp of their prime-time line-up designed to appease the Trump administration with the launch of the Late Show with Jon Voight. “We at CBS Entertainment have been trying to get Jon Voight behind a late night […]
The Late Show consistently has the highest ratings of any show in that time slot.
CBS cutting The Late Show is like McDonalds cutting the Big Mac.
But ratings are different from profits! A show can be very highly rated and unprofitable. And that’s precisely what Times article describes. It also goes into the shifts in viewership that are likely responsible for the loss of revenue and profitability. McDonald’s wouldn’t keep selling the Big Mac at a loss… they’d either hike the price, cut the cost, or stop selling it. It sounds like CBS was trying to improve the situation but the gap was widening, not narrowing. How long do you expect them to lose money on the show before cancelling it?
I am a fan of the show and am sad it was cancelled. But if you look at the facts, it’s far more likely that this happened due to financial reasons.
Have you seen a Big Mac lately? I’m like the 80’s old lady asking where the beef is when I get one. What they sell as a Big Mac today is not what it was in the 80’s. And cbs will still have a show, maybe even one called the late show. It just won’t look or br the same show.
The Big Mac today is essentially unchanged from its introduction, aside from changes in ingredient quality. It’s the same size and has always used the small patties that they use in their standard hamburger. McDonald’s is absolutely a rip off, but it’s largely because they keep jacking up the prices, making tweaks to ingredient recipes to be more cost effective at the expense of quality, and removing low cost options.
https://www.snopes.com/fact-check/big-mac-since-1980/