"There’s just not a snowball's chance in hell that that’s anywhere near accurate," Kimmel said of the reports Jimmy Kimmel called reports that Stephen Colbert's show was canceled due to an annual $40 million loss was "nonsensical" He also claimed that late-night television is not dying,

Late night talk show host Jimmy Kimmel showed his support for The Late Show host Stephen Colbert, and shared his thoughts on the show getting cancelled.

While showing his support for Stephen Colbert, Jimmy Kimmel slammed the insinuation that The Late Show was "losing $40 million a year" before it was canceled. Kimmel, 57, called those reports "beyond nonsensical,