Karen touched on this years ago and said he violated SiriusXM policy when he threatened an employee. Also, it didn’t help that the employee he threatened was a fruit. IMO, I believe his show was a little bit too edgy for the Sirius XM network, and this was a way to easily get rid of him without a lawsuit.
Also let me add this.
Having watched the full interview with Godfrey, I felt that the show wasn't quite the right platform for him. Shannon seemed to lack the ability to engage with follow-up questions or delve into deeper discussions; his questions largely missed the mark. Instead of encouraging meaningful dialogue, he seemed to anticipate that Godfrey would criticize or mention other comedians by name, which didn't happen. Given that the show has not reached half a million views even after 11 hours, it seems likely that this interview will rank among the least viewed.