Kicking off Monday’s show with a joke about Trump wanting to change the name of the Washington Commanders NFL team (the “Washington Epsteins,” Colbert suggested), he walked into the Ed Sullivan Theater to loud cheers and said “This is going to be fun.” It certainly was.

CBS canceled Stephen Colbert's late night show last week. By not appreciating, defending and nurturing The Late Show Paramount is muzzling its best voices, and diluting its own broadcast future.

Show' host's comments came shortly before it was announced that CBS has canceled 'The Late Show With Stephen Colbert.'

In their first episode of the season, the creators of “South Park” mocked President Donald Trump and Paramount after they just signed a new $1.5 billion contract. Paramount is looking to merge with Skydance Media and needs the Trump-influenced FCC to approve the deal.