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

Oliver has appeared multiple times on The Late Show with Stephen Colbert as well as the earlier iteration with David Letterman in 2015.

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

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.

The network claimed it was “purely a financial decision.” “We consider Stephen Colbert irreplaceable and will retire ‘The Late Show’ franchise in May of 2026,” CBS executives’ statement read. “We are proud that Stephen called CBS home. He and the broadcast will be remembered in the pantheon of greats that graced late night television.”

Credit: The Late Show with Stephen Colbert When we started the Late Show in 1993, we had the same goals everyone doing talk shows has: make people laugh and never threaten a corporate merger. If Colbert had been #1 and nominated for an Emmy two days prior none of this would have happened.

Joaquin Phoenix says he regrets his infamous interview with David Letterman, in which he remained in character for the entire, awkward conversation.