Stephen Colbert’s ‘Late Show’ finally beat Jimmy Fallon in TV ratings

It was only a matter of time, and that time is now: Stephen Colbert’s “Late Show” has officially caught up to Jimmy Fallon’s “Tonight Show” in TV ratings.

As a matter of fact, last week, the CBS late-night series beat the NBC one among adults 18-49, with a 0.5 Live + Same Day ratings average versus a 0.4. That “W” is a first in the post-Letterman era.

With the week of Nov. 5 in the books, Colbert and Fallon are now tied on the season in the key demo. Through seven weeks, the CBS and NBC late-night offerings are both averaging a 0.51 Nielsen rating among adults 18-49. Extrapolating those numbers into demo viewers, Colbert actually has a 2,000-person advantage, with a 658,000-to-656,000 per-night lead.

In terms of total viewers, well, Colbert has been ahead there for a while.

More to come…