The Beeching Report of 1963 ushered in an era of significant reduction of the rail network - with about a third closed.

BBC: Bids open for new rail station fund

In an era of salary slashing and other cost cuts, the network rationale is simple: Unlike a drama or comedy, which is typically story-driven and ensemble-based, the host of a late-night show is the draw.

FORBES: Entertainment

In recent years, thanks to the spread of the Internet and citizen media, the era of corporate capitalism came to its own end, and a new capitalist system is emerging, network capitalism.

FORBES: The Return of the Customer