Photo by Nabil

Yesterday, Stephen Colbert shared a very detailed explanation of exactly what happened with the Daft Punk no-show on "The Colbert Report" last week. From the beginning of the debacle, Colbert's camp has said Daft Punk cancelled due to a contractual agreement with the MTV Video Music Awards on August 25, where they are scheduled to appear. Now, The Hollywood Reporter reports that it was Daft Punk and their management who chose to skip "The Colbert Report".

VMAs executive producer Jesse Ignjatovic told The Hollywood Reporter:

We don't put restrictions on anyone. I just think that we're talking to them about a moment and then things sort of change. I would not describe that as MTV putting restrictions on people -- it was up to that artist and their management what they wanted to do.

In his explanation yesterday, Colbert said that MTV brought the hammer down on Daft Punk's "Colbert Report" appearance at the very last minute, to the surprise of everyone, including the band's camp. He said that Daft Punk's people didn't think that the duo had an exclusive agreement with the VMAs.

Watch Colbert and friends dance to "Get Lucky":