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Nick Cannon’s daytime talk show has been canceled after one season, Variety reported Thursday.

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Cannon, 41, said the show would end its first-season run before closing for good, according to Entertainment Tonight.

“We still have more shows. This isn’t the last show. We have a month of shows that’s going to be on,” Cannon said during Thursday’s telecast. “This has been a blessing and dream come true. Thank you for letting me come into your homes.”

Cannon also addressed reports that his show was ending to make room for an upcoming talk show by actress Jennifer Hudson, Entertainment Tonight reported.

“It’s interesting. This is show business and the biggest word is business,” Cannon said during the show. “I show up each and every day, bright and early to give you a show and I am also a businessman.

“We ain’t going nowhere but it’s about broadening my audience. You have become my family. Thank you. We laugh together, we cry together, we pray together. I do what I can and we let God do what I can’t.”

The season will continue to air as planned through May with prerecorded episodes, according to The Hollywood Reporter.

“It’s never easy to cancel a production with clear potential but, after a great deal of deliberation and examining various options, we have made the difficult business decision to end production on ‘Nick Cannon,’” Mort Marcus and Ira Bernstein, co-presidents of Debmar-Mercury, the series’ producer-distributor, said in a statement. “We plan to offer viewers original episodes of the daytime talk show through the remainder of this season. Our thanks go to the very talented Nick Cannon and our wonderful production team, and we wish Nick continued success with his many hit ventures.”

According to Deadline, Cannon’s show was not pulling in strong ratings and was the lowest-rated single-host daytime syndicated talk show this season.

People reported that beginning this fall, Hudson, 40, will star in a one-hour daytime talk show called “The Jennifer Hudson Show.”