"Next year will be our last season,” the late-night talk show host announced Thursday, July 17. "The network will be ending 'The Late Show’ next May."

Jon Stewart addressed the speculation that his late-night Comedy Central talk show might be canceled as the network’s parent company, Paramount Global, prepares to merge with Skydance Media. The comedian’s remarks came the same day that CBS announced its plan to cancel “The Late Show With Stephen Colbert” after the program’s next season.

Colbert followed “The Daily Show” host Jon Stewart’s attack of the deal one week earlier. Stewart works for Comedy Central, also owned by Paramount, making the two comics the most visible internal critics of the $16 million settlement that was announced on July 1.

Stephen Colbert went off on his employer, Paramount, on Monday after the company decided to settle with President Trump in his lawsuit against the network.