Author Topic: Deal close to keep 'The Late Show' in NYC after CBS pays Governor Cuomo $45k in campaign contributions  (Read 259 times)

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Offline jmyrlefuller

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Offline jmyrlefuller

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« Last Edit: July 23, 2014, 11:56:25 AM by jmyrlefuller »

Offline jmyrlefuller

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« Reply #3 on: July 23, 2014, 02:15:50 PM »
And it appears $45,000 is a small price to pay for... $16 million in state tax breaks:

http://www.capitalnewyork.com/article/media/2014/07/8549496/tax-credits-hand-colberts-late-show-stay-new-york

Staffers for Colbert were told that the show was expected to remain in New York, though CBS was angling for tax credits before making anything official. Sure enough, the deal announced Wednesday includes $11 million in tax credits, spread over five years, as well as a grant worth up to $5 million for renovations at the Ed Sullivan Theater.


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