Gossip Girl was one of the biggest shows on cable TV in its heyday. So, when HBO Max decided to reboot it a little over a decade later, fans rejoiced. But, as it turns out, the celebrations will be short-lived as HBO Max has canceled its Gossip Girl reboot after only the second season. There's no official explanation behind the decision but insiders believe it's due to the show's lackluster performance.

The show's creator, Joshua Safran, broke the news on his Instagram page. He stated, "So here's the goss: it is with the heaviest of hearts that I have to announce GOSSIP GIRL will not be continuing on HBO Max. We are currently looking for another home, but in this climate, that might prove an uphill [battle], and so if this is the end, at least we went out on the highest of highs. Thank you for watching, and I hope you'll tune into the finale next Thursday to see how it all comes together."

Safran went on to thank the fans stating that they are the reason they (himself and the production team) made a reboot in the first place.

HBO Max made an announcement of its own to disclose the cancellation. In the statement, the streaming platform stated, "We are very grateful to showrunner/executive producer Joshua Safran, and executive producers Stephanie Savage and Josh Schwartz for bringing us back to the Upper East Side and all the scandals at Constance Billard. Although we are not moving forward with a third season of Gossip Girl, we thank them for the enticing love triangles, calculated backstabbing and impeccable fashion this series brought to a new audience."