John Oliver has weighed in on CBS' cancellation of "The Late Show With Stephen Colbert," calling it "terrible news for the world of comedy."

“Last Week Tonight” host John Oliver noted that the cancellation of “The Late Show with Stephen Colbert” is “very sad” while speaking with reporters Saturday night. Oliver added of his friend, “I love Stephen, I love his staff. I love that show, it’s incredibly sad.”

John Oliver is calling the cancellation of The Late Show With Stephen Colbert “incredibly sad.” While speaking to reporters over the weekend, Oliver was asked his thoughts about the news, which CBS revealed in a surprise announcement Thursday.