Transcript
Emily (0:00)
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Sagar (0:38)
Welcome to Afterparty, everyone. It's Monday at 10pm so you know where you're supposed to be. Right here. We have a great show tonight. I've been looking forward to interviewing my breaking points colleagues Crystal Ball and Sagar and Jetty, two of the most interesting people in this new media revolution, period. They have been. I sound like a Tanji Brown Jackson when I say that period. But really they are. And we have them here on a big day where Hunter Biden sat down for a I can't believe I'm about to say the sentence three hour interview with Andrew Callahan of Channel 5 and of course talked about everything from crack to Rahm Emanuel. So we have Crystal and Sager to react to that. We also are going to be talking about the cancellation, not just of Stephen Colbert, but actually of the Late show, period. To quote our favorite Supreme Court justice one more time, time. But also it's kind of a cancellation of Stephen Colbert. We'll get into all of that. The show's still going to be on for another year. Don't you worry. All you resistance wine moms out there. I'm going to get into Harry Sisson, I'm going to get into the Coldplay CEO and then we're going to bring everything home. Hopefully it'll feel like we're bringing everything home with a little Devil Wears Prada because they're in production on Devil Wears Prada too. So we will get into all of that. Now before we get into Crystal and Saga reacting to Hunter Biden, they're also going to talk a little bit about updates in the Epstein case. I do just want to say that if you're watching the show right now or listening to the show right now, first of all, thank you. Second of all, you may remember that we opened the very first like 60 seconds of this show ever by talking about how Stephen Colbert illustrates the changes in media. We are like exactly a month in, like two hours from now will be exactly a month in to this show's run. And I think we ended late night television. Well Done, everyone. I actually sort of cherish monoculture and late night television as someone who sort of grew up at the tail end of it, arguably the golden age of monoculture in the 1990s and the early aughts. But Stephen Colbert, we said literally the kind of predicate for a show like this is because we have all splintered into these different niches because of the way there's enormous competition. The gatekeepers have been totally undermined. They're way less powerful than they used to be, and they can't really get away with the level of control that they used to have. And some institutions of media power are really, really not handling it well. Needless to say, not handling it well. But it's actually worth elaborating on that point because I always use the juxtaposition or the contrast between Johnny Carson and Stephen Colbert as the best way to explain what's happened to the business and then to the culture. So on the business end, Johnny Carson had to get as much ad revenue as possible by getting as many Americans to tune in night after night. He had like two or three competitors, and then his fourth competitor was a book. People could choose to read a book or, I don't know, listen to a radio show or whatever the hell you guys used to do before cable came along. And actually even before, before broadcasts came along, the networks came along. And so that's what he was competing with. So he had to appeal to as many Americans as possible. So what explains how we go from this era of Johnny Carson just absolutely owning late night television by being not partisan. He was political, but he wasn't partisan. And he was always focused on comedy. During the Trump era, Stephen Colbert having the highest nightly viewership on average of any of the other late night networks. That doesn't include cable. Obviously, Greg Gutfeld has been doing better than Stephen Colbert for a matter of years now. But on the broadcast side, why would the person who is the most divisive and the most partisan and often the least funny, and I say that, you know, it's an insult, but it's also because he often was not even trying to be funny. He was often trying to lecture everyone in ways that were intentionally unfunny, a far cry. He sort of became what he was parody parroting on the Colbert Report, which makes it a far cry from what he was doing back then. And he ended up actually being really popular because the best way to get people coming in night after night is to really cultivate a loyal niche following. That's predictable for advertisers it's brand loyalty, and people feel like they're a part of something small. And again, when it's Colbert, I think of, like, resistance wine moms for him. I think of people who felt like they were at their peak sort of intellectually, by being the resistance to George W. Bush, by coming to oppose the Iraq war. That's sort of like a moment they're energized by and proud of, and in some cases, rightfully so. But now, you know, as Tulsi Gabbard is revealing, a lot of the things, those very people who revered the Stephen Colbert of the Colbert Report are coming coming to see the man that they put their hopes in, Barack Obama actually was engaged in some of the very things he told them he would change about the government. And people are weirdly going back to church. Richard Dawkins is calling himself a cultural Christian. The moment has passed by the people who were so energized by the rush of watching Comedy Central at night during the Colbert Report era. And by the way, the Colbert Report, Strangers with Candy was fantastic. Deep cut, I know, but I know that there are still some Strangers with Candy fans out there, and it would be great if Colbert would just go back to doing that, because I think actually there's a market for it at the same time. But that's what happened to late night, and it's what happened to culture. It's that by chasing smaller audiences, but more loyal audiences, so very narrow, very loyal audiences, it just changed the content, too. And by changing the content, it changed the culture and some of these institutions. The New York Times is a really good example. Why does the New York Times, the paper of record, rescind that Tom Cotton op ed in the summer of 2020 that they gave the headline Send in the troops to? Why would you do that? That was the mainstream opinion of a Republican senator. Many people in the country agreed with it. Are you purporting to cover the whole country, or are you purporting to cover 5th Avenue? Well, in this case, they rescinded it because their staff revolted and their subscribers revolted. And that has nothing to do with late night comedy, except it also has everything to with late night comedy, which is that these institutions of our monoculture are not used to becoming microculture, and Stephen Colbert became microculture. You cannot manage microculture on a macro culture budget. It does not work. Puck News has since put the lie to this laughable idea that Colbert was canceled because CBS and the Late show was canceled because CBS was trying to suck up to Donald Trump. First of all, I think of. Maybe if Trump were less media obsessed, he would have the. Maybe he would have the, I guess, what's the right word? Emotional control. To be Don Draper in the elevator when it comes to Stephen Colbert and just say, I don't think about you at all. Because he really doesn't have to think about Stephen Colbert. Stephen Colbert lacks so much influence at this point that why would it even matter? Maybe for Trump, somebody who loves, is deeply fixated on media. It matters to him. But overall, this show was losing, according to Puck. Puck has reported losing 40 million. 40 million. $40 million a year. $40 million a year. That is a staggering figure. It was also. It had a really. It has a comparatively small digital footprint relative to other late night properties, which is a huge problem because Fallon is basically now a clip show for YouTube and social media and Instagram and Tick Toc. So he was obviously struggling enormously. They had a really hard time with advertisers, according to a lot of reporting that has since come out. And there are just all kinds of business reasons. If they wanted to get rid of just Colbert, they would have just gotten rid of Colbert and not the entire. This is the buried lead, not the entire storied historic franchise, which is what they are doing in this case. It is true that Paramount has a major merger in front of the Trump administration between Skydance and. So there's, I'm sure some element where they are happy to maybe spin this privately and say, listen, we got rid of your guy. I'm sure they would love that merger to be greased a little bit. But obviously the primary decision here was a financial one specific to the show, which was losing insane amounts of money and if anything was, I think at this point, hurting the brand. It wasn't funny. No, I've. I've built up to this for too long, but I have your daily Hakeem ready. Obviously. House Minority Leader Hakeem Jeffries, friend of the show. I'm kidding. I refer him as the unofficial mascot of the show because he's one of our favorite here at afterparty. Is one of our favorite examples of the wandering Democrats who are searching for any sense of direction. Now, Hakeem Jeffries posted F3 mourning the loss of Colbert. He says, thank you, Stephen Colbert, for your willingness to speak truth to power, staying far from timid and never bending the knee to a wannabe king. Thank you, Stephen Colbert, for your willingness to speak truth to power. This is what I mean by Gen X and probably younger Boomers who. Whose memory of Colbert is the rose colored lens of their 20s and 30s. Watching Comedy Central at night and feeling that rush of rebellion when you see Stephen Colbert fil administration on your television. I feel like Hakeem Jeffries is pretty representative of that. And actually Congressman Jeffries even posted this. This is S8. This is just a fun memory of him with his friend.
