Moonhaven is now not returning to AMC+ for a second season after all. The streaming service has reversed the decision made in July to renew the futuristic thriller series. At the time, AMC Networks said that it was the most-watched AMC+ exclusive series. The show’s cancellation is reportedly due to dramatic cost-cutting moves at AMC Networks.

Starring Emma McDonald, Dominic Monaghan, Amara Karan, Ayelet Zurer, Joe Manganiello, Kadeem Hardison, and Yazzmin Newell, the sci-fi series was created by Peter Ocko. It’s set 100 years into the future at a colony on the moon.

Deadline revealed the following about the renewal reversal by AMC+:

Word of the cancellation comes four months after the dystonic sci-fi series was renewed for a second season and days after AMC Networks announced sweeping cost-cutting measures as CEO Christina Spade stepped down, which included laying off 20% of its U.S. staff, and write-downs for up to $475 million as it restructures its business. Up to $400 million of that is for content-related moves the company calls “strategic programming assessments.”

In a SEC filing, AMC Networks said that “programming assessments pertain to a broad mix of owned and licensed content, including legacy television series and films that will no longer be in active rotation on the company’s linear or digital platforms.”

What do you think? Have you seen this show? Are you sad to hear that Moonhaven will not return to AMC+ for a second season?