CBS Losing Up To $20M On James Corden’s Show Before Cancellation

An industry insider claims “The Late Late Show” with James Corden was canceled because it lost massive amounts of money, costing CBS up to $20 million per year to keep on the air.
British TV presenter Corden, best known for his “Carpool Karaoke” skits, hosted the last installment of the program last week after heading it up for eight years.
The 44-year-old was reportedly paid close to $5 million per year to host the show. A source told Los Angeles Magazine that the production costs were between $60-$65 million while profits topped out at $45 million.

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