ABC to cancel Katie Couric’s talk show

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Katie Couric. (AP Images)
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Alex Weprin

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ABC will end Katie Couric's talk show at the end of its current season in June, 2014, ABC says.

"While production will continue on “Katie” through June 2014, we’ve mutually agreed that there will not be a third season of the show," reads a statement from ABC and Couric. "We’re very proud of everyone’s contributions to making Katie the #1 new syndicated talk show of 2012-2013, and we look forward to the rest of the season."

The program did very well in the ratings, but its high cost compared to other syndicated programs made the economics difficult. Without major cost-cutting, the show was unlikely to continue, as such the cancellation is not a total surprise. ABC said that it would wait until after it could review the November Sweeps ratings before making a final decision.

Couric recently left her role with ABC News to become the "global anchor" for Yahoo! The Yahoo! deal is more of a news role for Couric.

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“What I really am excited about in working with the team at Yahoo is that there are no rules right now, we are going to try things, we are going to see how they go, we are going to see what people are interested in, we can do everything from a town hall meeting to in-depth interviews to a breaking news story,” Couric told Capital when the deal was announced.

With her daytime show ending, Couric will presumably have some flexibility to pursue other TV options. One of the long-rumored options is CNN, which is being led by Couric's good friend and two-time former producer Jeff Zucker. In an interview with Capital earlier this month, Zucker shot down the reports that he had tried to woo Couric to the cable news channel.

“We did not have any conversations with Katie about coming to CNN,” Zucker said.

When pressed on whether Couric to CNN was an idea that was even entertained, Zucker elaborated: “Listen, we think about everything under the sun, but in the end, that was not something that we--not a path we went down.”