CBS couldn’t afford to produce “The Late Late Show with James Corden” because it earned less than $45 million but cost up to $65 million, LA Magazine reports.

• The final episode of “The Late Late Show with James Corden” aired on April 27th.

• Corden, the show’s fourth host, announced his resignation last year.

• An executive told Los Angeles Magazine that the show “simply wasn’t sustainable.”

Aired by CBS ‘The Late Late Show’ final episode After a 28-year run on April 27, its exit may have had something to do with the show’s declining profitability.

sauce told Brian Stelter of Los Angeles Magazine Since 2015, the James Corden-hosted late-night show has made $60 to $65 million a year, but made less than $45 million.

“It just wasn’t sustainable,” an anonymous executive told Stelter: “CBS couldn’t afford him anymore.

Corden announced his resignation as host April 2022but it was unclear at the time whether the Late Late Show franchise would continue.

Since Corden took the helm, the show has been nominated for 12 Emmy Awards and won the 2019 Outstanding Interactive Program award. Some of the show’s most popular segments include “Carpool Karaoke” and “Spill Your Guts,” which celebrities had to answer. ask honestly or eat unfamiliar food.

According to Deadline, the show averaged 971,000 viewers during the 2020-21 season. Seth Meyers’ “Late Night,” which also airs at 12:30 a.m. ET, averaged 1.01 million viewers for her.

However, it cost a lot to keep Corden on board. according to variety, Corden’s salary was around $4-5 million when he first signed to the show in 2015. His salary was increased to an undisclosed amount in 2019 to allow the British host to stay on board for another three years.

A CBS spokesperson did not immediately return a request for comment.

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