Or, maybe, just maybe, this had to do with the $40 million dollar annual loss from that show at a time when all traditional network TV is in decline?
Sure, the timing may be linked to the need to keep the ownership transaction on the move, but something had to happen here. I suspect that, now that this dam has broken, we will see more and more cuts in costs and cancellations.
Among discussions is to eliminate the third hour of "prime" to allow local stations to move the late news to 10 PM in most time zones. I mention this as another cost-cutting move, since the production of network shows is increasing while viewership is on the decline, That is just one example of what the networks are trying to deal with as they adapt to an on-demand model