CBS has faced a dramatic decline in its late-night ratings following the cancellation of Stephen Colbert's "The Late Show." The network's new program, "Comics Unleashed," hosted by Byron Allen, has suffered a staggering 65% drop in viewership compared to the same time slot last year, attracting only 628,000 total viewers and a mere 82,000 in the coveted 18-49 demographic, according to Nielsen data reported by The Daily Beast. In contrast, rival shows have thrived during this period; Jimmy Kimmel's program surged to 2.185 million viewers, marking a 53% year-over-year increase, while the 18-49 demographic for Kimmel's show jumped by 178%. Jimmy Fallon's "Tonight Show" also saw a 10% rise, drawing 1.301 million viewers. Despite the significant drop in ratings for CBS, the network's financial exposure is limited due to a "time buy" arrangement, where Allen purchased the time slot and assumes production costs, thereby shielding CBS from the adverse effects of declining viewership. This model allows CBS to remain insulated from audience volatility, even as "Comics Unleashed" struggles to find its footing in the late-night landscape.