General Discussion

CBS and Allen haven’t revealed how much Allen and his Allen Media Group pays for the 12:37 a.m. slot, and it’s unclear how much more he might pay the network to take over 11:35 p.m. as well. In traditional time buys, a company will lease a time period from a network, and then sell the advertising itself. So in effect, CBS will be making money for the hour — even though its ratings will likely go down as it loses what has been the No. 1 talk show in late night in “The Late Show.”