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

The demonstration outside the Ed Sullivan Theater on Monday was led by a group called Refuse Fascism. CBS News New York's Kristine Johnson reports.

In a shocking move, CBS is ending “The Late Show with Stephen Colbert” next year, and apparently exiting the late-night television business altogether. The network, citing financial pressures,