CBS' firing of Stephen Colbert has seen the Late Show time slot nosedive in ratings — and it's taking the network with it.Since CBS handed Byron Allen the 11:35 p.m. slot formerly occupied by Colbert's The Late Show — with Allen Media footing all production costs under a "time buy" arrangement — Nie...
Network TV has been losing money for years.
Skydance is fattening up CBS to sell it to comply with anti-trust laws.