Good riddance!
Posted on 05/30/2026 4:51:09 PM PDT by Rummyfan
CBS just handed Stephen Colbert the most brutal farewell a network could offer, and it should end all the debate over how and why Colbert got canceled.
Byron Allen's Comics Unleashed officially took over CBS's 11:35 p.m. late-night slot on Friday, May 22, under a new "time buy" deal with the network. Under the arrangement, Allen Media Group pays CBS for the time period, handles all production costs itself, and controls the advertising inventory. This means that CBS doesn't have to spend a dime.
That's a pretty sharp contrast from what Colbert cost it.
CBS announced the cancellation of The Late Show back in July 2025, citing financial reasons. The network said the program was hemorrhaging roughly $40 million a year. At the time, some on the left insisted that the move was political. In their minds, CBS, an anti-Trump network, was doing President Donald Trump a favor by getting rid of one of his critics.
But CBS (again) demolished that narrative.
"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," the spokesperson said, calling it "a new business and programming model for late night that proactively addresses a network daypart that was cost prohibitive to continue."
So in axing Colbert, the network turned the whole slot profitable. It sure sounds like CBS has now been unburdened by what has been.
(Excerpt) Read more at pjmedia.com ...
Good riddance!
It will be hilarious if the time slot is made profitable.
They say it will be a 55m dollar swing😂😂😂😂
When someone gets fired they’re not given a chance to dis their employer on the way out.
This is what happens when Samantha Power is no longer at USAID kicking back unlimited slush fund NGO dollars for DNC and Big Pharma propaganda.
If it is profitable, it could open up a lot of other slots.
And notice no one who falling over themselves to hire Colbert.
I think Peter Jackson is hiring Colbert to write a new LOTR script. About the part of the Books I have always complained about being left out from the movies, where they erased Tom Bombadil and so I refused to watch.
The Truth is they no longer got US AID grift/kickbacks to cover the $40M loss.
Ultimate smug-ass.
Needs some honest work at Jiffy Lube, or Luigi’s Pizzeria.
I don’t know when it happened but People magazine now does 2 cover versions of their rag. This week you can choose between Kate wife of Prince William or Colbert. So there is that. I’m sure People wrote a sympathetic puff piece about him so there is that.
Just wait.
Colbert and his minions will get ‘Judge’ Boasberg to sue for some of the new $$$.
Imagine some of the Colbert Program managers applying for their next job. Each of them must be forced to include their Colbert Show ‘expertise’ and explain their program budgeting philosophy.
Colbert not only failed at comedy, he even failed at commie propaganda... Nobody watched.
Guys at Jiffy Lube are funnier.
👍💯
“They say it will be a 55m dollar swing😂😂😂😂”
____________________________________________________________
It’s a lot easier when you just fire your content producers and buy some low budget crap to slap “CBS” on.
“It’s a lot easier when you just fire your content producers and buy some low budget crap to slap “CBS” on.”
That’s a smart business decision. You seem to be a little butthurt about this.
“It will be hilarious if the time slot is made profitable.”
Decades ago CBS used to run movies in that time slot. They’d save a lot of money.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.