acooper121111_03_X17.JPGAnderson Cooper's daytime talk show, Anderson Live, will not be renewed for a third season.

Warner Bros. announced Monday that this season of the show will be its last. "We are extremely proud of Anderson and the show that he and the entire production team have produced," the studio said in a statement. "While we made significant changes to the format, set and produced it live in its second season, the series will not be coming back for a third season in a marketplace that has become increasingly difficult to break through. We will continue to deliver top-quality shows throughout next summer."

Cooper still has his CNN series Anderson Cooper 360, and he said in a statement, "I am very proud of the work that our terrific staff has put into launching and sustaining our show for two seasons. I am also grateful to Telepictures for giving me the opportunity, and indebted to viewers, who have responded so positively. I look forward to doing more great shows this season, and though I'm sorry we won't be continuing, I have truly enjoyed it."