Overview
- CBS said Monday that Comics Unleashed will move into the 11:35 p.m. hour with two back-to-back half-hour episodes starting May 22, followed by two half-hours of Funny You Should Ask at 12:35 a.m., the day after Stephen Colbert’s finale on May 21.
- Allen Media Group is purchasing the two-hour block as a time-buy for the 2026–27 season, paying CBS for the airtime and keeping most ad slots to sell, which shifts financial risk off the network.
- CBS executives say ending The Late Show was a financial choice driven by declining late-night ad revenue and high production costs, with George Cheeks calling the old model unsustainable.
- Comics Unleashed and Funny You Should Ask use evergreen, non-political comedy designed for easy reruns, with Allen hosting the roundtable stand-up showcase and Jon Kelley hosting the game show.
- Industry watchers see the arrangement as a template other networks may test, while some coverage raises political speculation around Colbert’s cancellation that CBS and Paramount reject as unfounded.