Jon Stewart lambasted CBS’ decision to cancel “The Late Show With Stephen Colbert” on Monday’s episode of “The Daily Show,” ripping their shared parent company, Paramount Global, for what he called a

Jon Stewart has gone full-scorched Earth on his own parent company. The Daily Show host used the opening of his Monday night show to give his hot take on the cancelation of his old friend Stephen Colbert’s Late Show.

Paramount Global’s stock is up 25% this year. What’s driving it is the pending merger between Paramount and Skydance Media.