Days before the cancellation news, Colbert took a dig at the Tiffany Network, which is owned by CBS’s 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.

“Last Week Tonight” host John Oliver noted that the cancellation of “The Late Show with Stephen Colbert” is “very sad” while speaking with reporters Saturday night. Oliver added of his friend, “I love Stephen, I love his staff. I love that show, it’s incredibly sad.”

John Oliver has spoken out following the surprise cancellation of The Late Show with Stephen Colbert. Calling the decision “incredibly sad” and “terrible,” he expressed deep admiration for Colbert and his team.