TBS/Conan: Winners or Losers?

From Conan O’Brien to Jon Stewart and Chelsea Handler, late night comedy on cable has hit broadcasters right where it hurts—their wallets.

In the latest episode of Mediaweek’s online video series TV’s Winners and Losers, correspondent Alan Frutkin looks at O’Brien’s opening night ratings on TBS, and how his reentry into the late-night comedy game is impacting the networks.

Click below for the video: