EXCLUSIVE: The current late-night King Stephen Colbert will remain at The Late Show until the 2020 election and beyond. CBS has reached a contract extension with the comedian to continue as moderator of the top show The Late Show with Stephen Colbert until August 2023. Colbert, who followed David Letterman as host of The Late Show, made his debut on September 8, 2015 and was originally signed until August 2020. The extension will shorten his Late Show tenure to eight years.
CBS's new contract with Colbert joins the recent contract extension with The Late Late Show host James Corden, as the network has secured its late-night cast for the next few years. (Corden is signed until August 2022.)
The network began negotiations with Colbert in the summer, just before he entered the final year of his original contract. I understand that Colbert has made a significant salary increase, which is not surprising considering his current status as moderator of the highest rated and most watched program at night.
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After a bumpy start lagging behind NBC's The Tonight Show with Jimmy Fallon Colbert appeared in 2016 as an executive producer at The Late Show and Donald Trump stepped up as a strong presidential candidate It became one of Colbert's main goals.
Colbert's sharp political humor he had refined during his tenure at Comedy Central's The Daily Show with Jon Stewart and The Colbert's report, has helped him during the Trump presidency to thrive. In May the Late Show celebrated its third win of the season with late night star Stephen Colbert with a total of 3.82 million viewers in Live + 7, with the largest profit margin for CBS (+1.38 million). in 25 years, since 1993-94. Additionally, the Late Show landed with Stephen Colbert his first victory over The Tonight Show, as the # 1 season in the demo, ahead of his NBC rival of +20,000 spectators in L + 7.
So far this fall the Late Show which often includes interviews with leading politicians, has increased its dominance in ratings since Colbert won more than 1.5 million viewers in live in the first week + 3, week 2 of nearly 2 million viewers and week 3 of +1.7 million.
In addition, Colbert's opening monologues regularly make headlines and become viral. To date, Colbert's monologues from the new season, which started just over three weeks ago, have been viewed on YouTube almost 57 million times.
"Stephen Colbert is one of the most entertaining, influential and relevant voices in America today. Said David Nevins, Chief Creative Officer of CBS Corporation, Chairman and CEO of Showtime Networks. "His monologue has become a living part of the national discussion and a seat on Stephens Couch brings guests from the world of entertainment, news and politics to the largest and most coveted audience of late night. We are incredibly proud of the show and look forward to renewing our relationship with Stephen for the years to come.
Colbert showed his affinity to current events in his commentary on the new contract with CBS. "I was asked by CBS to host the Late Show until 2023, and I intend to honor her summons," he quipped.
The Late Show has been received A total of 13 Emmy nominations since its premiere in 2015, including 3 nominations for Colbert's Election Night Special, which aired on Showtime in 2016. Last year, he was praised for not evading the Les Moonves controversy and addressing them cleverly in the meantime. Moonves was still leading CBS.
In addition, Colbert has become a popular cultural asset, greeted by the songs of "Stephen" wherever he goes, even as he recently visited Emmys. In addition to his role as presenter, executive producer and author of The Late Show Colbert is also executive producer in Showtime's animated series Our Cartoon President which premiered in February 2018.
After the nocturnal turbulence in the first half of the current decade, the field has been fairly stable in recent years. In addition to CBS's reopening of Colbert and Corden, ABC signed its late-night host Jimmy Kimmel in May for three more seasons. Both Fallon and Seth Meyers of NBC are under contract until 2021.