The Post-Standard editorial nailed it today on the latest corporate welfare/taxpayer rip off of $16 mil to keep the Late Show in NY: Except there was no real threat the Late Show and its 200 jobs would leave New York City after more than 20 years. Colberts show on Comedy Central is already based in the Big Apple. So is CBS Corp. CBS isnt exactly struggling. It reported revenues of $3.86 billion on operating income of $818 million in the first quarter of 2014. Neither is Colbert, who earns upward of $10 million a year at Comedy Central and is poised to make even more at CBS. CBS already gets a lot of state money. Its production arm received $18 million in tax credits for TV shows the last time the state deigned to report them.
Posted on: Thu, 24 Jul 2014 19:00:00 +0000
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