CBS keeps Colbert's 'Late Show' in New York in tax-for-jobs deal

July 23, 2014 7:16 PM

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CBS keeps Colbert's 'Late Show' in New York in tax-for-jobs deal

(Reuters) - CBS' "Late Show" will stay in New York when comedian Stephen Colbert takes over from the late-night talk show's host David Letterman in a deal that will award the network tax credits for jobs commitments, CBS Corp. and New York Governor Andrew Cuomo said on Wednesday.

CBS did not immediately commit to keeping the show at its only home, Manhattan's Ed Sullivan Theater, when the network announced in April that Colbert would succeed Letterman.

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