Jon Stewart delivered a scathing response to CBS' cancellation of The Late Show on a new episode of The Daily Show. The comedian called out CBS and parent company Paramount (which also owns The Daily Show broadcaster Comedy Central) on Monday, July 21, after his longtime friend Stephen Colbert announced his show was being canceled last week. Noting that he was "not the most objective to comment on this matter," citing his longstanding friendship with Colbert, 61, Stewart nonetheless questioned the business logic behind the decision, pointing out that The Late Show is ranked the "No.