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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)

Mediagazer · last updated

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.