Portnoy on ‘arrogant’ Colbert’s cancellation: ‘What did you think was going to happen?’

Barstool Sports founder Dave Portnoy bashed Stephen Colbert on Saturday, calling the late-night host “ungrateful” after Colbert's show was axed by CBS in what the network claimed was a “financial decision.”

“For these people, including like Colbert, to be like, ‘This isn’t really right and we’re blindsided’ — buddy, you’re losing 40 million dollars a year,” Portnoy said in a video posted to X, citing one estimate of the show’s losses reported by Reuters.

The announcement of...