Stephen Colbert Cancelation is a Consequence of Capitalism, Dave Portnoy Says

Dave Portnoy‘s not sorry to see Stephen Colbert‘s present ending … stating that is simply capitalism at work — lose tens of millions, discover a new job!

The Barstool Sports activities founder took to X Saturday to fireplace off about CBS’ cancelation of “The Late Present with Stephen Colbert” … calling out Senators Elizabeth Warren and Bernie Sanders — amongst others — for claiming Paramount was politically motivated to present him the axe.

ICYMI … Colbert went after his personal community in his monologue early this week — likening a $16 million lawsuit settlement over a “60 Minutes” interview President Donald Trump claimed was deceptively edited to a “huge, fats bribe.” A transfer Dave says is simply pure “vanity.”

CBS introduced it was canceling the show shortly after, main some to marvel if the 2 occasions are related.

Portnoy says if an worker at Barstool disrespected him on air AND if that worker’s exhibiting was shedding tens of millions of {dollars} — Reuters reviews the present misplaced $40 million final yr — he’d scrap the venture and host in a heartbeat.

Dave factors out the decline in late-night viewership … arguing it is dearer and fewer watched than most podcasts at Barstool — so, it simply does not make fiscal sense to maintain it going.

Whereas Portnoy says he has a ton of respect for late-night speak reveals — his dad’s an enormous David Letterman fan — he does admit he isn’t a Colbert man … and hasn’t loved his work since he left Comedy Central.

BTW … Colbert delivered the information that he is out after this upcoming season to followers — and he was extra complimentary of the community than he had been beforehand, so we’ll have to attend and see if he takes extra pictures at Paramount or let’s sleeping canines lie over the following yr.