United Kingdom, July 22 -- Jon Stewart has lashed out at Paramount for cancelling The Late Show with Stephen Colbert.

The 62-year-old star addressed that announcement that Colbert's programme will end in May 2026 on Monday's (21.07.25) episode of The Daily Show and suggested that the decision to axe the show has been made out of "corporate fear".

Jon said: "I understand the corporate fear. I understand the fear that you and your advertisers have with $8 billion at stake, but understand this, truly, the shows you now seek to cancel, censor and control, a not insignificant portion of that $8 billion value came from these f****** shows. That's what made you that money."

Stewart also spoke out on the role politics plays on late night TV in...