CBS Says The Late Show With Stephen Colbert Was Losing $40 Million a Year & Now They Are Making a $15 Million Profit on That Time Slot| Cord Cutters News·May 29·1 min readAll NewsToday in TV HistoryThe Late ShowCBS Says The Late Show With Stephen Colbert Was Losing $40 Million a Year & Now They Are Making a $15 Million Profit on That Time Slot