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 ... (opens in new tab)

Covers CBS Says Late Night Will Now Turn a $15 Million Profit After Byron Allen’s Time Buy

Alex Weprin / : — A network rep said that late night was “cost prohibitive” to keep programming itself. Allen's ‘Comics Unleashed’ debuted to 1.1 million viewers.

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