Stephen Colbert's 'Late Show' Gets $11 Million from Taxpayers to Stay in NYC

Another Hollywood type cashes in on tax breaks, the kind that appear to contrast with the positions of most liberal artists. It’s the kind of news story Stephen Colbert might make mince meat out of as his faux conservative character on The Colbert Report.

This time, though, the “Hollywood type” is the comedian himself.

The New York Post reports that Colbert, slated to replace David Letterman on CBS’s The Late Show, will remain in New York when he leaves his Comedy Central program next year.

There’s a good reason for Colbert to stay put–11 million good reasons—and then some.

… CBS will get $11 million from [New York] taxpayers over the next five years — plus another $5 million in grants to renovate the fabled Ed Sullivan Theatre … Over the last six months, CBS and its affiliates contributed $45,000 to Gov. Cuomo’s re-election campaign.

The tax break resembles a deal NBC received when the network moved The Tonight Show from California to New York earlier this year.