Updated
Updated · Forbes · May 20
Late-Night Networks Rethink 11:35 p.m. Format After Colbert Exit
Updated
Updated · Forbes · May 20

Late-Night Networks Rethink 11:35 p.m. Format After Colbert Exit

11 articles · Updated · Forbes · May 20
  • CBS’s shutdown of “The Late Show with Stephen Colbert” is accelerating calls for networks to overhaul late-night TV rather than simply replace one traditional host with another.
  • Online video, social media and direct celebrity-to-fan channels have eroded the format’s old advantages, while audiences watching after local news have fallen sharply over the past decade.
  • CBS’s plan to give Colbert’s 11:35 p.m. slot to Byron Allen’s cheaper, nontraditional “Comics Unleashed” is cited as a sign that economics now favor lower-cost experiments over legacy formulas.
  • Proposed fixes include booking younger hosts born after 1990, investing more in substantive interviews, and creating unscripted event-driven moments that can still break through on YouTube and Reels.
  • The broader challenge for networks is to make late night feel essential again for viewers who now spend their nights on phones instead of TVs.
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As cost-cutting replaces major hosts with 'content mills,' is the creative heart of late-night television officially dying?