"There’s just not a snowball's chance in hell that that’s anywhere near accurate," Kimmel said of the reports Jimmy Kimmel called reports that Stephen Colbert's show was canceled due to an annual $40 million loss was "nonsensical" He also claimed that late-night television is not dying,

Kimmel stood up for his fellow late-night host, saying there's not a 'snowball's chance in hell' reports which have emerged about the cancellation of his show are accurate