Yahoo has reportedly cancelled Sin City Saints after one season.
The streaming company has ‘written off’ a second of the basketball comedy after failing to make enough money from the series.
Yahoo Chief Financial Officer Ken Goldman said its original video series, including Sin City Saints, were the cause of a write-down of $42 million in the company’s third quarter, per TheWrap:
“We thought long and hard about it. What we concluded is certain of our original video content, we couldn’t see a way to make money over time. I’m thinking of Community, I’m thinking of Sin City Saints and so forth.
Community has already been cancelled (for a second time) for a while, though insiders claim a movie continuation is still possible.
Goldman all but confirms Sin City Saints‘ cancellation by stating that the company has written the show off and “decided to move on”:
“So there, where we had spent money and had some assets on our balance sheet, we elected to write those off. That actually helps us going forward and we won’t have the expense to impact us going forward.
In thinking through that, we thought of not only what is the cost, but what is the cost to market and create the streams you need to make them successful. So we’re not saying we’re not going to do these at all in the future, but what we’re saying is in three cases, at least, it didn’t work we had hoped it would work, and we decided to move on.”
RIP.
Will Thompson says
It’s a real shame to cancel this show after 1 season. It had some momentum towards the end of season 1. I had a ton of people hooked and I think you gave up on a good show.
kpsmove says
It was a funny show I hope someone else takes up the ball and runs with it