CBS Roasts Colbert's 'Late Show' for Being a Big Money Loser

A Satisfying Coda to the CBS-Paramount-Colbert 'Late Show' Tale, and Leftists Will Despise It

CBS profits after ending Stephen Colbert's Late Show; Byron Allen's Comics Unleashed takes over late-night slot.

CBS attempts to spin the Colbert replacement show's flop as a sound financial move

In an attempt to get some positive press after making good on pulling Stephen Colbert’s popular “The Late Show” off the air and replacing it with Byron Allen’s “Comics Unleashed,” CBS issued a press statement claiming it was a sound business decision despite a massive drop in viewership.According to a report from the Daily Beast, CBS claimed on Thursday the unpopular move represented sound business strategy, stating: "We're proud to partner with…

CBS says $40 million Late Night loss to turn into $15 million profit after kicking Stephen Colbert

“With this ‘time buy’ model, we have shifted an hour that was losing roughly $40 million annually to $15 million in profit — a $55 million swing.”

CBS roasts Colbert's 'Late Show' for being a big money loser

For the first time, CBS has disclosed that Stephen Colbert's now-cancelled Late Show was losing the company $40 million-a-year.

CBS Torches Stephen Colbert After His Exit

CBS cancels Stephen Colbert’s show due to $40M losses; new deal turns late-night slot profitable.

Stephen Colbert's Failed Comedy Act Was Bleeding CBS Dry

Stephen Colbert's CBS show caused $40M loss; Byron Allen replaces him to boost profits.