The final episode of the popular CBS talk show, “The Late Late Show With James Corden” aired on April 30. The show had been around for 28 years. Fans were very surprised when the network that showed The Late Late Show decided to end it. People have been making a lot of guesses lately about why the show was canceled. But the most recent news from Los Angeles Magazine suggests that “The Late Late Show With James Corden” was taken off the air because it wasn’t making enough money.
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CBS lost over $20 Million producing “The Late Late Show With James Corden.”
LA Magazine said in a story that CBS lost more than $20 million making The Late Late Show With James Corden last year. The popular show, which has been hosted by James Corden since 2015, may cost between $60 million and $65 million a year to make. But it only made less than $45 million, which disappointed its makers.
It was simply not sustainable. CBS could not afford him anymore,
revealed an anonymous executive of CBS in their chat with the Los Angeles Magazine.
James Corden’s exit from the show.
With the latest news from LA Magazine, it’s clear that host Corden’s departure is not the only reason why CBS is canceling The Late Late Show With James Corden. For those who don’t know, the famous host said that he will leave the popular show in April 2022. But at the time, it wasn’t clear if the show would still air with a new host.
Even if Corden had wanted to keep being the host, he would have had to take a pay cut worth millions of dollars or make strict cuts to his staff, or both. Two undisclosed executives who worked closely with him, say that this is a big reason why the host quit the show and moved back to England.