Apr 6, 2026 10:00am PT

CBS Seals Deal With Byron Allen to Lease All of Late Night After Stephen Colbert Exits in May

Michael Schneider

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Michael Schneider

Variety Editor at Large

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Allen Media Group

As “The Late Show With Stephen Colbert” ends its run next month, CBS has opted to turn its 11:35 p.m. ET post-local news timeslot into a time buy, selling the slot to Byron Allen — who will move back-to-back episodes of his “Comics Unleashed” series down an hour.

The time buy deal is through the 2026-2027 TV season; as part of the deal, Allen will also continue to lease the 12:37 a.m. hour with another strip from his company, the comedy game show “Funny You Should Ask.”