Louis C.K. announced the self-cancellation of his money-losing web series “Horace and Pete” on Saturday.
The comedian last week released the 10th (and now final) episode of the dramedy in which he starred with Steve Buscemi as the co-owners of a downmarket Brooklyn bar, but sent a follow-up email to his fans on Saturday stating that the show would not be returning.
The move is not a surprise given the shaky finances for the project. On Monday, C.K. told Howard Stern that he’s “millions of dollars in debt right now” because he self-financed the series and distributed it on his own.