CBS (CBS) Sells Late-Night Hours Following Colbert Show Closure

CBS (CBS) has decided to sell its late-night programming blocks to Byron Allen as the Colbert show concludes. This strategic move signals a shift in CBS's approach to late-night entertainment. The closure of the Colbert show marks a significant change in CBS's lineup, although specific viewership numbers and financial implications of the deal are not disclosed. This development may impact CBS's market positioning and advertising revenue in the late-night segment.