Joshua Goldman
Joshua Goldman
min read · July 19, 2025 · Entertainment

Jon Stewart Fears for Comedy Central's Future Amid Colbert’s Late Show Axing

Jon Stewart, 62, has voiced fears over the future of his own show on Comedy Central amid pal Stephen Colbert 's surprise firing from The Late Show this week

BREAKING: Jon Stewart Spills Tea on Comedy Central's Future Amid Stephen Colbert's Shocking Firing

The drama is heating up, folks! In a shocking move, CBS announced the cancellation of Stephen Colbert's The Late Show - just days after he went off-script and ripped apart the network's parent company, Paramount, for settling a $16 million lawsuit with President Trump. And now, Jon Stewart is speaking out about what this means for his own show on Comedy Central.

Stewart, 62, has been hosting The Daily Show since 1999 (with a brief hiatus from 2015 to 2022), and he's got some serious concerns about the future of his program. In an episode of his podcast, The Weekly Show, Stewart dished about the potential merger between Paramount and Skydance, saying, "Unfortunately, we haven't heard anything from them... They haven't called me and said like, 'Don't get too comfortable in that office, Stewart!' But I've been kicked out of s*ty establishments than that. We'll land on our feet."

On Thursday, CBS announced the cancellation of Colbert's late night talk show - just days after his furious rant live on air over the network's parent company Paramount settling a $16 million lawsuit with President Trump

So, what's going on? Well, it seems that CBS is struggling to make a profit with The Late Show, which costs a whopping $100 million per year to produce (Colbert himself gets paid between $15 and $20 million annually). And let's be real, folks - late-night TV has been tanking in popularity for years. Advertiser revenue has taken a nosedive, making it harder for networks like CBS to keep their shows afloat.

But here's the juicy part: Jon Stewart is worried that if Paramount merges with Skydance, his own show could be on the chopping block too! After all, Comedy Central is owned by Paramount, and if the network is looking to cut costs, The Daily Show might be next. "I'd like to believe that... Like, without The Daily Show, Comedy Central is kind of like muzak at this point," Stewart said. "I think we're the only sort of life that exists on a current basis other than South Park."

And then there's the drama surrounding Stephen Colbert himself. It seems that CBS bosses told him his show was getting axed back in July (around Independence Day, no less!), but Colbert didn't find out until Thursday - and he went ahead and shared the news with his staff so they wouldn't learn about it through leaks to the press.

'Unfortunately, we haven't heard anything from them,' the TV personality explained. 'They haven't called me and said like,

But don't think for a second that this is just about TV ratings or profits. Oh no - there's some serious drama at play here. After all, Stephen Colbert has never been one to shy away from controversy. He's taken on President Trump time and time again, and his rants have become legendary (or notorious, depending on who you ask).

And let's not forget that this whole debacle is happening just as Paramount is trying to merge with Skydance - a deal that needs approval from none other than the Federal Communications Commission (FCC). You can bet your bottom dollar that President Trump has something to say about it all. In fact, he's already taken to his TruthSocial network to gloat about Colbert's firing: "I absolutely love that Colbert got fired... His talent was even less than his ratings."

So what's next for Jon Stewart and The Daily Show? Will they be the next casualties of the late-night TV wars? Only time will tell, but one thing is certain - this drama is far from over! Stay tuned for more updates on thescholarlynote.com.

Jon continued that he would 'like to think we bring enough value' to Comedy Central, 'but that may not be their consideration'; Stewart and Colbert seen in 2012

Earlier this week on Thursday, CBS announced the cancellation of the The Late Show With Stephen Colbert - and the host will not be replaced; taken on Friday in NYC

The network also emphasized that the decision to end the show is 'purely a financial decision against a challenging backdrop in late night'; seen in 2022 in L.A.

Colbert blasted Paramount's settlement with Trump live on air on Wednesday and claimed the company could have 'easily fought it'; Trump seen on Friday in Washington D.C.

He further slammed the settlement, calling it a 'big, fat, bribe' amid Paramount's potential merger with Skydance - which needs the Trump administration's approval; seen in 2023

However, it has since been claimed that CBS canceled The Late Show with Stephen Colbert because it was losing $40 million a year; seen in 2024 in NYC

The axing of Colbert has delighted Trump, who posted about it on his TruthSocial network earlier today; seen in 2015