Byron Allen's 'Comics Unleashed' will replace Stephen Colbert's 'The Late Show' on CBS, with Allen paying the network for the 11:35 pm slot. Allen also recently acquired a majority stake in BuzzFeed.
Stephen Colbert's "Late Show" concluded its run as the No. 1 late-night show, replaced by "Comics Unleashed." The finale featured guests like Paul McCartney, Jon Stewart, and the "Strike Force Five" hosts, reflecting on the show's legacy and the changing media landscape.
Allen, a media entrepreneur, to replace founder Jonah Peretti as chief executive with ‘significant’ cost cuts to comeBuzzFeed, the digital media pioneer that was once valued as high as $1.7bn amid a private equity-funded wave of interest in websites that generated massive amounts of online traffic in the 2010s, has finally changed hands for $120m.On Monday, the company announced that a controlling stake in the company has been sold to media entrepreneur Byron Allen. Allen, who often makes large, sometimes unsolicited bids for media companies, is also an on-screen personality in addition to controlling his Allen Media Group conglomerate, which owns networks including The Weather Channel. Allen’s show, Comics Unleashed, will replace the Late Show with Stephen Colbert on CBS’s schedule starting later this month. Continue reading...
