โThe fact that CBS didnโt try to save their number-one-rated network late night franchise, thatโs been on the air for over three decades, is part of whatโs making everybody wonder: Was this purely financial, or maybe the path of least resistance for your $8 billion merger?โ he pointed out.
Paramount, which owns CBS as well as Daily Show network Comedy Central, is trying to complete a merger with Skydance. That deal requires approval from the Federal Communications Commission, the current chair of which was appointed by President Donald Trump, a frequent target of Colbertโs jokes who has complained openly about Colbert and other late night hosts.
โWas killing a show that you know rankled a fragile and vengeful president โ so insecure, suffering terribly from a case of chronic penis insufficiency,โ Stewart said. โItโs a terrible disease.โ
He said CBS lost the benefit of the doubt earlier this month when it agreed to pay $16 million to settle a lawsuit with Trump that was widely seen as frivolous.
Stewart called that money โan extortion feeโ for Trump.
He delivered a stark reminder to CBS.
โThe shows that you now seek to cancel, censor and control โ a not-insignificant portion of that $8 billion value came from those fucking shows,โ he said. โThatโs what made you that money. Shows that say something, shows that take a stand, shows that are unafraid.โ
And he warned that trying to make content that will please Trump will prove fruitless given that he turns on even his allies in the media, such as the presidentโs new lawsuit against the Wall Street Journal and Rupert Murdoch, who owns the paper as well as Fox News.
Stewart said there probably isnโt a single email or phone call that proves CBS fired Colbert to please Trump.
โI think the answer is in the fear and pre-compliance that is gripping all of Americaโs institutions at this very moment,โ he said. โInstitutions that have chosen not to fight the vengeful and vindictive actions of our pubic-hair-doodling commander in chief. This is not the moment to give in. Iโm not giving in. Iโm not going anywhere.โ
He added: โI think.โ
Then he delivered an inspirational message to frightened media companies such as Paramount and any other institution ready to bend the knee to Trump.
And he did it in the form of a song, complete with a choir: โGo fuck yourself.โ