“I’m going to go ahead and say it: Cancel culture’s gone way too far,” Colbert said to a rambunctious audience that loudly chanted his name.

Late-night hosts Stephen Colbert and John Stewart cursed out Donald Trump and CBS News Monday night following last week’s announcement that the Late Show With Stephen Colbert had been cancelled.

“The fact that CBS didn’t try to save their number one-rated network late-night franchise that’s been on the air for over three decades is part of what’s making everybody wonder, was this purely finan...