"We're extremely proud of everyone involved with the show and would like to thank them for all of their contributions and tireless efforts," Janice Marinelli, president, Disney/ABC Home Entertainment and Television Distribution, said in a statement (viaVariety). "We are especially appreciative of our talented and dynamic co-hosts Chrissy Teigen, Joe Zee, Leah Ashley and Lauren Makk, and we would also like to extend a huge thanks to our station partners for all of their support."
A source tells ET that show staff were told about the show's cancellation 10 minutes before the announcement. In addition, a few guests who were already scheduled to appear in upcoming episodes have already canceled their appearances, the source adds.
FABLife will still run through the end of April.
There has definitely been some past struggle with the show, including when Banks quit the show -- which she was executive producing and also co-hosting -- after two months. Although the 42-year-old supermodel told ET in a statement that she was leaving to focus on her new cosmetics company, TYRA Beauty, a source close to the show told ET that Banks had been "made promises" by ABC to lure her back to daytime, indicating that she would be given freedom to chart the creative direction of the show. The source said Banks found that not to be the case.
In addition, a source previously told ET that there has been a big turnover behind-the-scenes of the show, with more than 30 percent of the original staff leaving. However, despite rumors, Teigen is not leaving prematurely.
And Teigen is presumably not too bummed about the FABLife cancellation, given that her more popular show, Spike's Lip Sync Battle, has just been renewed for season three.