There is a lot more to the spin that Colbert alleges in the story. In the many years that I've been in this business, I can't remeber a show getting picked up, and then, 3 months before the premeire, allege production cost issues as a reason for postponing a show.
This could very well open Program Partners up to a serious lawsuit, from every station group that purchased Crosswords as a viable programming option. 3 months before Sept, and the stations are now left scrambling to find alternatvies, most of which by now are bought and accounted for.