CBS flips late-night loss into a $15M profit with Byron Allen time-buy
TL;DR
CBS says the time-buy deal with Byron Allen’s Allen Media Group turns a $40 million annual loss for The Late Show into about $15 million in profit, a $55 million swing, as Allen pays for the slot, covers production, and sells his own ads; early ratings for Comics Unleashed hovered around 1.1 million, well below Colbert’s finale, fueling ongoing speculation about political motives behind the show’s ouster.
- CBS Says Colbert Replacement Show Will Turn $40 Million Loss Into $15 Million Profit TV Insider
- Stephen Colbert’s Late Show replacement is a depressing sign of the times | Andrew Lawrence The Guardian
- Late night has enough political humor already, says host stepping into Colbert's slot NPR
- CBS Kicks Colbert With Over-the-Top Praise for Replacement The Daily Beast
- 'Comics Unleashed' Craters CBS Ratings After Stephen Colbert Exit Yahoo
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