That is the TV show, all late night TV shows lose money, all late night shows lose money, Kimmel’s value comes with on line streaming services, name recognition and advertising, stockholders sure think he is valuableYea, sure...
it was revealed that it costs over $100 million annually to produce while losing over $40 million per year
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Jimmy Kimmel’s Contract, Stephen Colbert And The Future Of Late Night
Jimmy Kimmel's contract with Disney is set to end in 2026, and its renewal or lapse will say something about the genre more generally.www.forbes.com
...that the show loses upward of $20 million a year because his ratings have nose-dived in recent years, and ad revenues around the show have plummeted, people inside the company concede.
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Jimmy Kimmel’s return to TV makes money for Disney — but at a big cost
Bob Iger has been the CEO of Disney, off and on now, for about 20 years now, but people around him say the toughest decision he’s had to make during his tenure was to unsuspend late-night star Jimm…nypost.com
Kimmel is a boat anchor in a toilet bowl to Disney et al. The harder late-night talkers turn to the political Left, the harder their ratings and revenue falls. Few viewers want to hear Kimmel, or any other late-night talker, prattle on about Leftist politics unrelentingly. Kimmel's viewership was down about 70% prior to his firing, and his show was losing millions. His 'salary' wasn't worth it because he couldn't generate sufficient revenue for the show to break even, at a minimum.
Did Disney lose $4B in market cap after suspending Jimmy Kimmel's show? What we know
The stock did not drop this much overnight, but it did fall this much, and more, over several days following the suspension.
He ain’t going anywhere, and if Disney wants to play hardball with the two affiliates, keep in mind, they own college football

