TNT has decided to cancel the remake of classic 1980s Dallas after three seasons.
The network said: “TNT has decided not to renew Dallas”, adding it “defied expectations by standing as a worthy continuation of the Ewing saga”.
TNT thanked “everyone involved in the show” and the people of Dallas “for their warm and generous hospitality”.
The series followed the fortunes of Texan oil family the Ewings.
The original Dallas aired from 1978 to 1991 and centered on a long and bitter rivalry between brothers JR Ewing, played by Larry Hagman, and Bobby Ewing, played by Patrick Duffy.
TNT has decided to cancel the remake of classic 1980s Dallas after three seasons (photo TNT)
It began as a mini series in 1978 and went on to become one of the most-watched television shows around the world for 13 years.
The 356 episodes were seen by an estimated 300 million people in 57 countries.
The new version followed the power struggles within two feuding Texan oil and cattle-ranching families, focusing on John Ross and Christopher Ewing as they clashed over the future of the family dynasty.
Josh Henderson, who appeared as a child in the original series, played John Ross, son of JR Ewing, while Desperate Housewives star Jesse Metcalfe was Christopher, son of Bobby Ewing.
Original cast members Larry Hagman, Patrick Duffy and Linda Gray also returned to Southfork ranch as JR, Bobby and Sue Ellen.
In November 2012 Larry Hagman died at the age of 81 from cancer and cirrhosis of the liver.
The series was rewritten to reflect this, incorporating his death into the storyline.
Tonight will see the debut of the hotly anticipated Dallas reboot, 21 years after the original show ended.
So the cast of the new version yesterday got the opportunity to quite literally ring in their show at the New York Stock Exchange.
Josh Henderson, Jordana Brewster, Julie Gonzalo and Jesse Metcalfe were given the prestigious honor of ringing the bell to open up trading on Wall Street.
Jordana Brewster and Julie Gonzalo looked glamorous as they posed up together before heading to the podium where they joined their male co-stars Josh Henderson, 30, and Jesse Metcalfe, 33, to ring the opening bell.
Jordana Brewster, 32, opted for a color block outfit, tucking a red blouse into coral shorts and topping off her look with a white blazer and tan wedges.
The cast of the new version of Dallas yesterday got the opportunity to quite literally ring in their show at the New York Stock Exchange
Meanwhile, Julie Gonzalo, 30, chose a monochrome ensemble and sported a white shirt dress which boasted a black belt and collar with a pair of black peep toe shoe boots.
As the younger generation drummed up excitement for their new series, the original cast-members of the hit show were appearing on the Tonight Show with Jay Leno.
Larry Hagman, Patrick Duffy and Linda Gray, who also star in the new series, all took to Jay Leno’s sofa to promote the return of the Texan-set TV drama.
It seems that the surviving original cast are just as excited about the return of the show as the younger set are to join the ranks.
Although the new edition is regularly described as a reboot, Patrick Duffy, 63, has said that the correct term for the new series should be a “continuation”.
The plot will still centre on the Ewing family, in particular John Ross Ewing III who is the son of JR and Sue Ellen, and Christopher Ewing, the adopted son of Bobby and Pam.
Dallas premieres in the US on TNT on June 13.