When CBS canceled Stephen Colbert, the cited the high cost as the reason. Now we hear that Jimmy Kimmel's show is facing budget cuts due to falling advertising revenues:
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At one time, the music performances on Kimmel were sponsored. They even had an outdoor stage. That sponsor went away a long time ago. People may not know that live music performances on TV are covered by the musician's union as well as royalty fees. So the performers make more than regular talk show guests. Plus the music itself gets paid royalties. Then when that performance is streamed on-demand, there are even more costs.
NBC cut musical performances and the live band from the Seth Myers show several years ago.
‘Jimmy Kimmel Live!’ to Cut Back Music Bookings to Twice a Week (Exclusive)
The move is the latest blow in a late night ecosystem that's been cutting down on musical guests over the past several years.
At one time, the music performances on Kimmel were sponsored. They even had an outdoor stage. That sponsor went away a long time ago. People may not know that live music performances on TV are covered by the musician's union as well as royalty fees. So the performers make more than regular talk show guests. Plus the music itself gets paid royalties. Then when that performance is streamed on-demand, there are even more costs.
NBC cut musical performances and the live band from the Seth Myers show several years ago.