CBS says it now expects to turn a $15M profit on late night, thanks to Byron Allen's time buy of the former Late Show time slot, which was losing $40M annually (Alex Weprin/The Hollywood Reporter)
Alex Weprin / The Hollywood Reporter:
CBS says it now expects to turn a $15M profit on late night, thanks to Byron Allen’s time buy of the former Late Show time slot, which was losing $40M annually — A network rep said that late night was “cost prohibitive” to keep programming itself. Allen’s ‘Comics Unleashed’ debuted to 1.1 million viewers.