CBS has transformed a significant financial drain in its late-night programming into a steady profit through a strategic agreement that shifts operational responsibility to independent producer Byron Allen. For years, CBS says the network absorbed annual losses of $40 million on The Late Show with Stephen Colbert, a figure that reflected high production costs, fluctuating ad revenue, and the intense competition in the late-night television landscape. That situation has now reversed. Under the new arrangement, CBS generates $15 million in annual profit from the same time slot, creating a $55 million positive swing in the network’s financial position.
The deal centers on Byron Allen leasing the 11:35 p.m. Eastern time slot from CBS. Allen pays the network $15 million per year for access to the valuable broadcast real estate. In exchange, he assumes full responsibility for all aspects of content and advertising sales. CBS no longer bears the burden of funding production, booking guests, or chasing advertisers for the program. This hands-off approach allows the network to collect guaranteed revenue while eliminating the previous red ink.
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There are days - like today and yesterday - when nothing that's happening 'in the news' is even worth mentioning, but I probably will somehow anyway. Juss' sayin'...
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A bombshell California Post poll conducted with McLaughlin & Associates shows the reality TV star-turned-mayoral candidate has surged to a statistical tie with the incumbent mayor. And voters blame homelessness, affordability and the direction of Los Angeles as the reason for turning on Bass.
Pratt now leads the field with 30.1% support, compared with 29.5% for Bass, setting up a razor-thin race heading into next week’s primary.
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He won bigly, didn't he...
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Handmade gifts are extra special when
they're for someone extra special.
It's one-of-a-kind and comes with free shipping.
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30 May 1944 Generalfeldmarschall Erwin Rommel inspecting the 21.Panzer Division in Normandy.
Rommel believed that the invasion needed to be stopped on the beaches, Gerd von Rundstedt the Commander-in-chief West, along with Geyr von Schweppenburg (Panzer Group West) disagreed. Hitler vacillated and placed the armour in the middle, far enough back to be useless to Rommel, not far enough for von Rundstedt. As a result of this, the 21st Panzer was placed near Caen, in the area of the British /Canadian landings.
If they had been released during the night of the 5th-6th they could have been on the beachhead waiting for the Allies to land. The SS units that were supposed to support the division could not be released as they were under Hitler's direct command.
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Yeah - I don't get it at all. Beuhler? Beuhler?
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