What are the main sources of revenue for The Late Show with Stephen Colbert?

Checked on September 24, 2025
Disclaimer: Factually can make mistakes. Please verify important information or breaking news. Learn more.

This fact-check may be outdated. Consider refreshing it to get the most current information.

Was this fact-check helpful?

1. Summary of the results

The main sources of revenue for The Late Show with Stephen Colbert are not explicitly stated in the provided analyses. However, streaming revenue is implied to be a significant source of income for the show, with $60 million generated in streaming subscriber revenue for Paramount+ in the US and Canada from Q1 2021 to Q1 2025 [1]. Additionally, advertising revenue may also be a source of income, as implied by commercials starring members of The Late Show Band [2]. The complexity of modern television financing, including streaming and advertising revenue, makes it difficult to determine the show's revenue [3].

2. Missing context/alternative viewpoints

Key omitted facts include the specific breakdown of The Late Show with Stephen Colbert's revenue streams, such as the proportion of revenue generated from advertising, streaming, and other sources. Alternative viewpoints, such as the impact of declining viewership on advertising revenue, are also not fully explored [4]. Furthermore, the analyses do not provide information on the show's production costs, which would be necessary to determine its overall profitability [3]. The sources also do not discuss other potential revenue streams, such as merchandise sales or licensing fees, which could contribute to the show's overall revenue [1].

3. Potential misinformation/bias in the original statement

The original statement may be misleading, as it implies that the main sources of revenue for The Late Show with Stephen Colbert are clearly defined, when in fact, the provided analyses suggest that the show's revenue streams are complex and multifaceted [4] [1] [3]. The statement may benefit Paramount+ and The Late Show with Stephen Colbert's production team, as it highlights the show's streaming revenue without providing a complete picture of its overall financial situation [1]. On the other hand, the statement may not benefit advertisers or sponsors, as it does not provide clear information on the show's advertising revenue or viewership demographics [2]. Overall, the original statement lacks context and clarity, and may be influenced by biases or agendas that are not immediately apparent [3].

Want to dive deeper?
What is the average viewership of The Late Show with Stephen Colbert?
How much does Stephen Colbert earn per episode?
What are the production costs of The Late Show with Stephen Colbert?
How does The Late Show with Stephen Colbert generate revenue from online streaming?
What role do merchandise sales play in The Late Show with Stephen Colbert's revenue?