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CBS Hasn’t Closed Door to Original Late-Night Programming

TheBigA said:
Unfortunately all of the expensive elements were written into the contract.

The only way for CBS to get out was to terminate the contract. Which they did.

The contract for the Seth Myers show is with Lorne Michaels, and he apparently has a different deal.

The real question is would Colbert sign a different contract for a show with a different name, with no band, and in a small studio with no audience.
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If a contract can be terminated, it can also be renegotiated. Pretty clearly, CBS was not interested in doing so.
 
TheBigA said:
Keep in mind that there were several years between then end of Pat Sajak and the start of Letterman. CBS didn't fall apart.
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That was a very different era, back when broadcast TV networks (and linear networks in general, since basic cable was growing rapidly at that point) were still an immensely profitable business. If the audience left, they didn't have as many places to go -- and that meant that you'd have a better chance of getting that audience back in the future. It isn't like that anymore.
 


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