Jon Stewart lambasted CBS’ decision to cancel “The Late Show With Stephen Colbert” on Monday’s episode of “The Daily Show,” ripping their shared parent company, Paramount Global, for what he called a

Andy Cohen has a few ideas about what CBS could’ve done instead of canceling “The Late Show With Stephen Colbert.” CBS claimed in a shock statement announcing the news last week that the move was “purely a financial decision against a challenging backdrop in late night” and had nothing to do with parent company Paramount’s pending merger.

Jon Stewart lambasted CBS' decision to cancel "The Late Show" with Stephen Colbert from his perch at Comedy Central's "The Daily Show."

Late-night hosts appeared in the Ed Sullivan Theater audience Monday in a show of solidarity, and Jon Stewart led a gospel choir in an expletive-laden song aimed at owner Paramount.

In a fiery Daily Show monologue, Jon Stewart blasted CBS and Paramount over the decision to axe The Late Show with Stephen Colbert. Colbert announced last week that the next season of The Late Show would be the last as Paramount had decided to axe the show as part of a “financial decision.

Kicking off Monday’s show with a joke about Trump wanting to change the name of the Washington Commanders NFL team (the “Washington Epsteins”, Colbert suggested), he walked into the Ed Sullivan theater to loud cheers and said “This is going to be fun”. It certainly was.

Brendan Carr, President Trump’s Federal Communications Commission (FCC) chair, mocked critics of Paramount and CBS over the network’s decision to cancel “The Late Show with

Paramount Global’s stock is up 25% this year. What’s driving it is the pending merger between Paramount and Skydance Media.

Jon Stewart has gone full-scorched Earth on his own parent company. The Daily Show host used the opening of his Monday night show to give his hot take on the cancelation of his old friend Stephen Colbert’s Late Show.

The East and West Coast branches of the union conveyed concerns that the move may be “sacrificing free speech to curry favor with the Trump Administration.”