Mr. Pop History – There was indeed. Back on Thanksgiving, 2004 – NBC aired “The Seinfeld Story” where the cast members plus creator Larry David talked about how the series began with meager ratings – then morphing into its super sitcom status.
But really, it was a brilliant move to kick off the sitcom’s DVD debut – the first three seasons. 
Mr. Pop History – That is correct. It made a little money with Steve Allen, but after he left – there was no real host – and it lost money. What’s interesting is – local stations were making money with their late night ads – but NBC was not! Then Jack Paar took over in July of 1957 and it began a turnaround. It was called “Tonight” but when Paar took over – the show was named after him. The Johnny Carson era ushered in “The Tonight Show” title. 
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