While fans of Magic City are understandably upset by the show’s cancellation, Starz CEO Chris Albrecht recently explained that the decision wasn’t a difficult one when it came to finances.

At the TCA press tour, he said, “It was a fine show but it was extremely expensive. It had decent audience but distributors weren’t interested in co-marketing it with us, and we felt season two had a pretty reasonable and satisfying landing spot.”

Magic City revolves around the world of Miami’s Miramar Playa Hotel in 1959. The TV series stars Jeffrey Dean Morgan, Olga Kurylenko, and Danny Huston, with Steven Strait, Christian Cooke, Jessica Marais, Yul Vazquez, Dominik Garcia-Lorido, Kelly Lynch, and Elena Satine.

What do you think? Did you like Magic City? Would you liked to have seen a third season?