TBS has cancelled their late-night talk show The Pete Holmes Show after two seasons. The series will wrap up its run on Thursday, June 19 at 12 AM ET. The news comes just a week after the network renewed Conan through the year 2018.

The series debuted in October, following Conan at 11 PM ET, airing 28 episodes during its first cycle. TBS renewed the program for 13 additional weeks back in January, which debuted on February 24, airing from Monday night to Thursday night.

Here's what the network had to say about the show in a statement.

"We recognize Pete as one of the most relevant comedians working today. We loved the show and gave it two chances. We just couldn't draw the audience needed to justify a third round. We hope we'll get to work with him again."

The first season averaged 500,000 viewers, with a median age of 36 years old, although the show loses about 350,000 thousand viewers from is Conan lead-in.

Several other late-night comedy shows have struggled on cable networks, with FXX cancelling Totally Biased with W. Kamau Bell, MTV giving the axe to Nikki & Sara Live and Comedy Central dropping The Jesselnik Offensive. However, Comedy Central has found success with its late-night series @Midnight, which was given a 40-week order back in January.