CBS's Late-Night Pivot: A $55 Million Time-Buy Replacing Colbert’s Slot

TL;DR Summary
CBS replaced The Late Show with Stephen Colbert in the 11:35 slot with Byron Allen’s Comics Unleashed via a time-buy deal, paying CBS about $15 million to air and handle its own ads. CBS claims this shifts a slot that was losing roughly $40 million annually into about $15 million in profit—a $55 million swing—while the new show posted a strong Live+Same Day debut of about 2.14 million, though staying power remains uncertain amid broader shifts in TV economics and late-night programming.
- Wait, CBS Is Getting Paid For Stephen Colbert’s Timeslot Replacement? Cinemablend
- 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 Says Colbert Replacement Show Will Turn $40 Million Loss Into $15 Million Profit TV Insider
- 'Comics Unleashed' Craters CBS Ratings After Stephen Colbert Exit Yahoo
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