
The Late Late Show with James Corden was reportedly losing CBS millions of dollars every year, forcing the network to make difficult personnel and compensation decisions.
The 44-year-old Gavin and Stacey star left the chat show after eight years, claiming a desire to return to the UK to be closer to family as the reason for his resignation.
The final episode was a three-hour spectacle with visits by Tom Cruise, Harry Styles, and US President Joe Biden, but underneath the glitz, the programme was reportedly struggling financially.
According to sources, The Late Late Show cost up to $65 million (£52 million) to produce but earned less than $45 million (£36 million), costing the network an eye-watering $20 million (£16 million) every year.
James’ compensation was a significant portion of the expenditure, with the comedian allegedly getting $7 million (£5.6 million) every year as host.

‘It was simply not sustainable. CBS could not afford him anymore,’ an executive told LA Magazine.
Another two insiders who worked closely with James told the newspaper that if he had stayed, he would have faced a multi-million dollar pay reduction or the layoff of personnel.
The History Boys star felt upset and battled to hold back tears during his farewell appearance as The Late Late Show’s host, reflecting on his eight-year tenure.

During his sign-off monologue, he thanked his production team and writers, and said it was ‘unfathomable’ that CBS had ‘taken a chance on me’.
‘I’ve been thinking for a long, the last several weeks, about what I was going to say as we reach to the end of the performance after this fantastic trip,’ James concluded.
‘I’ve been thinking for a while, the last few weeks, about what I was gonna say as we come to the end of the show after this wonderful adventure.’