Good news: The Newsroom is officially back for season 3.

Bad news: The Newsroom season 3 is the show’s last.

The announcement was made Monday afternoon via press release. “The Newsroom is classic Aaron Sorkin – smart, riveting and thought-provoking,” said Michael Lombardo, president, HBO Programming. “I’m sure this farewell season will be one to remember.”

Rumors about The Newsroom’s season 3 renewal started last September when lead star Jeff Daniels said it was official, but HBO quickly denied the tweet held water. Until today we didn’t know that the channel was considering making the third outing the show’s last.

Season 3 will premiere in the fall (the first two seasons aired during the summer), and production will begin this spring.

HBO announced last week that Boardwalk Empire will be coming to a close after season 5 airs this year. We also know that True Blood season 7 is the show’s last.