Washington Examiner Senior Writer Joe Concha weighed in on Jimmy Kimmel Live! being pulled from the air and the broader shake-up in late-night TV, framing the developments as a long-overdue moment of accountability and market correction.

“Colbert was losing $40 to $50 million per year,” Concha said Wednesday on Fox News’s Hannity. “Kimmel is actually behind him in third place, losing probably about the same amount of money.”