Despite a previous renewal announcement, HBO has reversed course and decided to cancel its big-budget music industry drama Vinylafter just one season, TVGuide.com has confirmed.

Though it had huge names like Martin Scorsese and Mick Jagger attached as executive producers, Vinyl never took off in the ratings (though it was quickly renewed for a second season shortly after the Season 1 premiere). In April, showrunner Terence Winter was dropped — and things have only gotten grimmer for Vinyl fans from there.

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"After careful consideration, we have decided not to proceed with a second season of Vinyl," HBO said in a statement. "Obviously, this was not an easy decision. We have enormous respect for the creative team and cast for their hard work and passion on this project."

Season 1 of Vinyl, which starred Bobby Cannavale as a record executive in the 1970s, reportedly cost $100 million to produce.