As for Stewart’s monologue, it tried, somewhat successfully, to puncture one popular narrative about Colbert’s cancellation. Some, like CBS, argued the decision to terminate "The Late Show" was strictly financial, given that the show was not profitable. This “bottom-line” rationale has found a home among right-wing commentators.

Show' host, who started his Monday broadcast addressing his ‘Late Show’ counterpart’s cancellation, also posted on social media last week about the news.

The cancellation from CBS comes after Colbert criticized his parent company on-air for their $16 million settlement with Trump.