Entertainment

CBS Defends Byron Allen’s Acquisition Amid Late Show Cancellation Controversy

Updated 2026-05-29 01:05 UTC 1 source Neutral

Byron Allen's acquisition of The Late Show with Stephen Colbert has sparked controversy. CBS defended the move, revealing financial details for both shows, amid speculation about political motivations.

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CBS Defends Byron Allen Time Buy, Discloses Financials On ‘The Late Show With Stephen Colbert’s Annual Loss & ‘Comics Unleashed’s Profit

Amid continuing speculation about political motivation behind CBS’ decision to cancel The Late Show With Stephen Colbert and a soft ratings launch for its successor, Byron Allen’s Comics Unleashed, the network issued a statement Thursday. In it, CBS for the first time revealed the balanc

2026-05-29 00:49 UTC