For context...

Stewart has been by far the highest paid late night host for a while - he
makes a reported $25-30M/year (
http://www.businessinsider.com/jon-stewart-the-daily-show-show-salary-2015-2).
Colbert reportedly signed at CBS for $4.5M/year for three years (though I
suspect that will get renegotiated up significantly closer to the $10M
range of other two network late night hosts after a year or two if he
delivers ratings comparable to Dave).

It would probably take something close to that neighborhood to get some of
the higher profile names being bandied about, assuming they were interested
(e.g. Fey). OTOH, a younger, less well known but high potential name could
be had for something in the $2-3M range. This would probably make CC more
profit (10% the cost at maybe 60% of the ratings), but would shrink their
cultural footprint considerably, and really screw Wilmore..

I continue to believe that CC will go in the lower cost, lower profile
direction, and that TDS will continue to be profitable for them, but will
be nothing like what it has been (and more like what it used to be). Yes,
it is possible that they will get a lesser known host who will prove to
have a real talent for news satire, but that seems very unlikely, and one
of the big, expensive names is too much of a risk. If CC plays small ball
(or, at least, smaller ball) they have a much bigger chance of making
money. And the trend in late night TV is definitely away from investing big
bucks in talent - with Dave and Stewart gone, nobody will be making more
than $12M/year (Coco at $12M, Fallon at $11M, and Kimmel and Handler at
$10M).

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