Get ready to say goodbye to the Rayburns. Netflix has canceled Bloodline.

The streaming service renewed the family drama in July, but according to The Hollywood Reporter, the 10-episode third season will be Bloodline's last.

Series creators Todd A. Kessler, Glenn Kessler and Daniel Zelman have previously said that they planned on doing five or six seasons of Bloodline. However, the Kyle Chandler drama might have proved too expensive to produce after Florida recently cut its entertainment tax incentives program.

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As Todd A. Kessler told THR in June: "Netflix is evaluating how it's doing for them and how it's performing, and are very hopeful that there will be a future as are we. We decided to set the show [in Florida] ... because it's crucial to what the show is, not because of the tax incentive, but it does affect things financially for us and the show will be challenged because of that. It makes things more difficult."

This is only the third time Netflix has ever pulled the plug on an existing series, following the cancellations of Lilyhammer and Hemlock Grove, both of which also lasted three seasons.

Bloodline's third season will premiere in 2017. Will you miss it?