CBS News announced Monday that Byron Allen’s “Comics Unleashed” will replace Stephen Colbert's late-night show when it airs its final episode next month. 

The network announced it was pulling the plug on the iconic program last year because of "financial reasons," and said the decision to end the show after 10 seasons was not a reflection on the years-long host. 

Colbert has confirmed that he is not being replaced by the network, but that it is instead eliminating the entire program.

CBS said the new program will debut on May 22, the day after Colbert's show is expected to release its final episode. The program will begin at 11:35 p.m. and feature two back-to-back, half-hour “Comics Unleashed” episodes on weekdays. 

Allen's program “Funny You Should Ask,” will air at 12:37 a.m. after the two episodes of "Comics Unleashed," which is currently airing on the network at 12:37 a.m.

“I created and launched ‘Comics Unleashed’ 20 years ago so my fellow comedians could have a platform to do what we all love — make people laugh,” Allen said in a statement. “I truly appreciate CBS’ confidence in me by picking up our two-hour comedy block of ‘Comics Unleashed’ and ‘Funny You Should Ask,’ because the world can never have enough laughter."

Misty Severi is a news reporter for Just The News. You can follow her on X for more coverage.