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Byron Allen Breaks Silence on Replacing Stephen Colbert — And Why the Date Matters
Allen will add 52% ownership of BuzzFeed and keep its brands in a new free streaming service while CBS fills Stephen Colbert’s slot with Comics Unleashed.
- On May 22, media mogul Byron Allen will launch 'Comics Unleashed' in CBS's 11:35 p.m. time slot, replacing 'The Late Show With Stephen Colbert' after the network canceled it.
- Allen insisted on the May 22 date because 'my hero Johnny Carson' signed off from 'The Tonight Show' exactly 34 years earlier, while pitching CBS a cost-effective model avoiding expensive new production.
- Earlier this week, Allen Media Group announced a deal acquiring a 52% controlling stake in BuzzFeed for $20 million in cash plus a $100 million promissory note due in five years.
- Allen plans to bring BuzzFeed and HuffPost 'to your living room' through a global streaming service, leveraging the Weather Channel's Local Now platform to provide 'super-hyper-localization down to your Zip Code.'
- BuzzFeed posted a 2025 net loss of $57.3 million with revenue declining 2% to $185.3 million; investors were warned of 'substantial doubt about the company's ability to continue as a going concern.
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Byron Allen praises 'American treasure' Stephen Colbert ahead of “Late Show ”finale
The final episode of "Late Show With Stephen Colbert" airs on May 21.Byron Allen; Stephen ColbertCredit: Paras Griffin/Getty; Scott Kowalchyk/CBS via GettyKey PointsByron Allen reacted to taking over Stephen Colbert's late-night slot with Comics Unleashed. Allen praised the host as an "American treasure."The final episode of The Late Show With Stephen Colbert airs on May 21.Byron Allen has nothing but respect for Stephen Colbert.On May 21, The L…
·United States
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Byron Allen on How He Plans to Use BuzzFeed to Create a ‘Premier Global Free Streaming Service,’ What It Means to Be Taking Over Colbert’s CBS Time Slot and Why He Wants to Buy Starz
Byron Allen talks about his $120 million BuzzFeed deal, what he plans to do with it, and taking over Stephen Colbert's late-night slot on CBS.
·Los Angeles, United States
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Coverage Details
Total News Sources50
Leaning Left9Leaning Right8Center17Last UpdatedBias Distribution50% Center
Bias Distribution
- 50% of the sources are Center
50% Center
L 26%
C 50%
R 24%
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