"There’s just not a snowball's chance in hell that that’s anywhere near accurate," Kimmel said of the reports Jimmy Kimmel called reports that Stephen Colbert's show was canceled due to an annual $40 million loss was "nonsensical" He also claimed that late-night television is not dying,

While showing his support for Stephen Colbert, Jimmy Kimmel slammed the insinuation that The Late Show was "losing $40 million a year" before it was canceled. Kimmel, 57, called those reports "beyond nonsensical,

He might have an invested stake in late-night TV enterprise, but Jimmy Kimmel doesn’t believe CBS and Paramount’s reason for canceling The Late Show With Stephen Colbert was a