Nah they just made a complete 180 back to their roots.
Comedy Central in 1992-1999 was nothing but shitty reruns of old 80s movies 24/7. Typically Earth Girls are Easy, Transylvania 6/9000, My Best Friend is a Vampire, Dream a Little Dream and Ninja School. No real comedy, no standup except the same 2 Gallagher HBO specials and a Robin Williams special from the 70s that they played over and over again.
It was South Park that got them a budget and sponsorship to be able to have other tv shows for once. When South Park money rolled in they finally had their own variety shows, standup specials, CC made sitcoms, and movies. Then Comedy Central Presents (which was a huge starting point for a lot of comedians in the 00s) and things like Chappelle Show happened which were huge.
But now 2010s Comedy Central is right back to old leftover reruns from other channels and almost no original content.