LOS ANGELES (Channel 6 News) — Earlier this year, George Lopez surrendered his TBS time slot to Conan O’Brien and then saw ratings for “Lopez Tonight” slide. And the humble host got a cancelation notice Wednesday.

In a statement, TBS said that Lopez’s Thursday show at midnight will be the final one.”TBS has reached the difficult decision not to order a third season of ‘Lopez Tonight,’” the network said, adding that it was proud to have worked with the “immensely talented comedian and entertainer.” An anonymous source said that The decision was based not only on ratings but also the cost of the show.

Lopez gave up his 11 p.m. ET time slot to make room for O’Brien, who joined TBS after leaving NBC’s “Tonight” over a time-slot dispute that ended up reinstating Jay Leno as “Tonight” host.

The plan for TBS was to have a one-two punch of late-night shows that would particularly appeal to young viewers, but the results have been unimpressive and the cancelation is not surprising, said media analyst Brad Adgate of Horizon Media.

“The only positive was a young median age” of about 32, Adgate said, which is part of the younger adult audience favored by advertisers. Lopez’s total viewership dropped 40 percent in its second year, from an average of 910,000 nightly viewers at 11 p.m. ET to 543,000 at midnight. In August, the audience has dropped to 391,000.