1. CBS Outsources Late Night Slot to Byron Allen in Unprecedented Time-Buy Deal
CBS is fundamentally changing its late-night strategy, opting to sell its flagship 11:35 p.m. timeslot rather than produce a new in-house show. With Stephen Colbert's 'The Late Show' ending its run in May, the network has sealed a deal with media mogul Byron Allen to lease the entire post-local news hour. This arrangem...