John Oliver has weighed in on CBS' cancellation of "The Late Show With Stephen Colbert," calling it "terrible news for the world of comedy."

Days before the cancellation news, Colbert took a dig at Tiffany Network, which is owned by CBS’ parent company Paramount, over its $16 million settlement with Donald Trump over a controversial “60 Minutes” interview with Kamala Harris ahead of the expected Skydance Media-Paramount merger.

CBS came under fire after canceling Stephen Colbert‘s The Late Show — but when does the last episode air? Colbert, 61, took over hosting the Late Show franchise following David Letterman’s step back in 2015 and celebrated nearly a decade on the air before shocking viewers with the cancellation news.

John Oliver, Stephen Colbert's fellow "Daily Show" alum, is speaking out about CBS' shock cancellation of "The Late Show."

CBS will end "The Late Show with Stephen Colbert" and retire "The Late Show" franchise in May 2026, the company announced Thursday.

Colbert followed “The Daily Show” host Jon Stewart’s attack of the deal one week earlier. Stewart works for Comedy Central, also owned by Paramount, making the two comics the most visible internal critics of the $16 million settlement that was announced on July 1.

Stephen Colbert went off on his employer, Paramount, on Monday after the company decided to settle with President Trump in his lawsuit against the network.