‘The Late Late Show With James Corden’ replaced by ‘@midnight’ Reboot Exec Produced by Stephen Colbert on CBS

EXCLUSIVE: CBS shakes up the nighttime landscape by bringing back an old Comedy Central format as a replacement The Late Late Show with James CordenEnd The Late Late Show After nearly three decades of franchising, we’ve learned.

No one wanted to comment, but we’re hearing a reboot of @Midnight, a run of 600 episodes on Comedy Central between 2013 and 2017, was picked up for the 12.30pm time slot, which is currently occupied The Late Late Show.

It comes as Corden puts away his nightstand later this spring, Deadline revealed last year.

We hear that Stephen Colbert will produce the new incarnation of @Midnight, from the comedy brand Funny or Die, the company behind the original series on Comedy Central. It would give The Late Show Host/Executive Producer of another late-night hour in which he is involved (in addition to also executive producing the Comedy Central series Show the news And Hell week with Charlamagne Tha God.

Chris Hardwick, who hosted the original series, is said not to be directly involved in the reboot, we’re told.

CBS President and CEO George Cheeks is leading the search for a successor the late late show, with the network buyer casting a wide net for various formats outside of a traditional talk show, which also have modest prices as they try to bring costs on the 12:30 network north of the $60 million a year needed to run it to earn The Late Late Show to about $35 million a year for replacement.

Cheeks himself told Deadline last year that if Corden leaves, the network wants to experiment and refresh the format.

A number of contenders were considered, with the field still shrinking to this day @Midnight was picked up.

It’s the latest synergy move within Paramount Global, with CBS relaunching an old nighttime format from a cable network on the Viacom side of the combined company. @Midnight will likely appeal to a slightly younger audience who generally watch clips online or via social media.

The original Comedy Central show, in its first incarnation, was an Internet-themed panel game that pitted three guests against each other in a series of impromptu games. These include Rapid Refresh, where contestants choose an answer based on an Internet meme or headline, Hashtag Wars with tweet topics and Live Challenges, where contestants write answers during the ad break, and a variety of recurring games.

As each episode progressed, the third place contestant was eliminated and the final two contestants played the final round of FTW (For The Win).

Expect games to change, but the general format remains the same.

The impending change at 12:30 is a blow to that The Late Late Show Marke first aired on CBS in January 1995 with Tom Synder, followed by Craig Kilborn, Craig Ferguson and Corden. The arrival of @midnight would leave NBC’s Late Night with Seth Meyers. as the only speaker in the 12:30 slot now competing against the panel game show.

NBC itself has considered leaving the 10pm scripted slot in the future, which could have a similar effect on both Late Night with Seth Meyers And The Tonight Show with Jimmy Fallon.

The move to Colbert, who is the host The Late Show at 11:30 p.m., as executive producer, commemorates the time of David Letterman, who was host at the time The Late Show, struck a deal that gave him and his production company Worldwide Pants production control of the show that followed it. Contrary to that deal, CBS retains ownership of its late-night block, we hear.