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

Jimmy Kimmel cast doubt on the idea that Stephen Colbert's "Late Show" was losing money the way Paramount claimed.

Kimmel added, “There’s just not a snowball’s chance in hell that that’s anywhere near accurate.” And he even used his own numbers as proof, saying, “I will tell you, the first 10 years I did the show, they claimed we weren’t making any money — and we had five times as many viewers on ABC as we do now.”