Kim Kardashian made the announcement via Instagram on Tuesday, revealing the show, which debuted on E! in 2007, will shut down after 2 more seasons in 2021.
Addressing fans, Kim said, “It is with heavy hearts that we’ve made the difficult decision as a family to say goodbye to Keeping Up With the Kardashians. After what will be 14 years, 20 seasons, hundreds of episodes and numerous spin-off shows, we are beyond grateful to all of you who’ve watched us for all of these years…”
Reports are that the poorly-rated reality show got the ax because manager Kris Jenner got greedy.
According to OK! magazine, E! network refused to pay another $150 million to keep Kim Kardashian and her sisters dipped in diamonds and furs for another five years.
“The last deal Kris Jenner signed was in 2017 giving her and the family $30 million per season. That deal has expired, and greedy Kris wanted at least $40 million per season to continue even though ratings have been declining dramatically,” a source tells OK! exclusively.
KUWTK averaged less than 1 million viewers per episode despite hundreds of millions of social media followers.
“The negotiations were going nowhere. E! was interested in keeping the show on the air, but there was no way the network could continue paying the family the same amount of money for almost half as many viewers. In the end it was better for everyone to say goodbye,” the insider adds.
“Although Kris isn’t giving up just yet, she is busy on the phone shopping the show around to other networks. But not at a discounted price.”