The network faces challenges as ratings plummet following Stephen Colbert's exit and the introduction of a new programming model.
Category: Arts & Culture
Lower ratings in the CBS time slot formerly occupied by Stephen Colbert’s The Late Show could harm the network’s other programming, media experts say. After Colbert’s cancellation, CBS brought in comedian and business executive Byron Allen to host Comics Unleashed, for which Allen Media covers all production costs. But Nielsen data reveal that ratings for the comedy panel show fell 64 percent compared to Colbert's ratings toward the end of his run. This dramatic decline may have broader implications across the network.
Why it matters: The shift from Colbert to Allen has raised concerns about the future of CBS's late-night programming. Media analysts warn that the drop in viewership could negatively impact not just late-night shows but also morning programs and local news broadcasts.
Driving the news: CBS's decision to replace Colbert came after the network announced in July 2025 that it would cancel The Late Show, with the final episode set for May 2026. Executives claimed the move was purely financial, citing a challenging environment for late-night television.
State of play: Ratings show that Jimmy Kimmel appears to have absorbed many of Colbert's former viewers, potentially strengthening his position at ABC. The late-night television format is under scrutiny as audiences increasingly shift to streaming platforms.
The big picture: The loss of Colbert's voice in late-night television is seen as a potential turning point for the genre. Some commentators believe that the format must evolve to stay relevant and profitable.
What they're saying: Byron Allen has remained optimistic about his new role, stating, "At the end of the day, I’m not trying to replace Colbert. I am not trying to hold on to his audience because Comics Unleashed has been around for 20 years and has its own audience." He acknowledged that not everyone would appreciate his style but emphasized the importance of staying true to his vision.
By the numbers: The ratings drop for Allen's show is stark, with an 85% decline compared to Colbert's final episodes. CBS's new 'time buy' model claims to have shifted an hour that was losing approximately $40 million annually to a profit of $15 million, marking a $55 million swing.
What's next: As CBS navigates this transition, the network will need to reassess its late-night strategy. The industry is watching closely to see how Allen's Comics Unleashed performs in the coming months.