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CBS Gains Profit, Loses Ratings After Replacing Colbert

6/13/2026

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Story summary
  • CBS turned a $40 million loss into a $15 million profit after replacing Stephen Colbert’s The Late Show with Byron Allen’s Comics Unleashed.
  • Nielsen data show Comics Unleashed ratings fell 64 percent compared with Colbert’s late-run numbers.
  • Jimmy Kimmel appears to have absorbed many of Colbert’s former viewers.
  • Byron Allen said he is not trying to replace Colbert and that Comics Unleashed has its own audience.