Credit: ABC

It can be a cold world out there for a struggling drama series.

ABC has announced that it is canceling Cold War-era series The Assets after two episodes, according to Entertainment Weekly. In its place, Shark Tank will now air on Thursdays at 10 p.m. for the next three weeks.

The Assets had been intended as an eight-episode miniseries based on the true story of CIA traitor Aldrich Ames. And while it is unusual for a network to cancel a miniseries before its intended completion, the writing was definitely on the wall for this show.

Indeed, The Assets premiered on January 2 to 3.77 million viewers and only a 0.7 rating in the 18-49 demo, making it the all-time lowest-rated drama premiere on the three major networks. Ouch. Its second episode dipped to 2.92 million viewers. 

ABC is not having much luck lately, as this is its third show in the 2013-14 season to get the boot. Also canceled thus far this season by the network have been newbies Lucky 7 and Back in the Game. ABC's only new hit is Agents of S.H.I.E.L.D.

We're sorry to see The Assets go, especially since it's admirable for a major network to attempt to launch a more serious drama rather than another procedural. FX's series The Americans is an example of a similar show that has had more success then Assets.

Will you miss The Assets?

Source: Entertainment Weekly