With Stephen Colbert, CBS Prepares for a Late Night Ad Windfall

Unlike David Letterman, Colbert embraces advertisers

Tonight, Stephen Colbert hosts a late-night show—CBS' The Late Show With Stephen Colbert—for the first time since The Colbert Report ended last December. It's the longest time the comedian has gone without performing in front of a live audience in almost three decades. "He's like a volcano ready to explode," said Nina Tassler, chairman, CBS Entertainment.

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