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Budget Cuts Impacting Late Night TV Landscape
The landscape of late night television is facing significant changes due to budget cuts and declining advertising revenue. Jimmy Kimmel's show is currently in negotiations for a potential one-year contract extension with ABC, which is seeking a 20 percent budget reduction. The overall viewership for late night shows has decreased, and many hosts are exploring opportunities on digital platforms like YouTube.
Companies
ABC
NBC
YouTube
TBS
People
Lorne Michaels
Steve Martin
Jimmy Kimmel
Stephen Colbert
Conan O'Brien
Our neutral summary
The landscape of late night television is facing significant changes due to budget cuts and declining advertising revenue. Jimmy Kimmel's show is currently in negotiations for a potential one-year contract extension with ABC, which is seeking a 20 percent budget reduction. The overall viewership for late night shows has decreased, and many hosts are exploring opportunities on digital platforms like YouTube.
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