It looks like Once Upon a Time is finally ready to give us its very last happy ending.

TV Guide has confirmed that Season 7 of ABC's fairytale drama will be its last, with the series finale airing sometime in May.

Season 7 of Once Upon a Time served as a reboot for the show after losing six series regulars including Jennifer Morrison, Ginnifer Goodwin, Josh Dallas, Jared Gilmore, Emilie de Ravin and Rebbeca Mader. A new curse, a new town, and a bunch of new characters were added for the reboot, but ultimately it looks like ABC has chosen not to move ahead with more of the new story.

"Seven years ago, we set out to create a show about hope, where even in the darkest of times, a happy ending would always be possible," creators Adam Horowitz and Eddy Kitsis said in a statement. "But we never imagined the happy ending that was actually in store for all of us — years and years of adventure, romance, magic and hope. We're so grateful to our brilliant collaborators - the cast, crew, and writers — as well as our partners at the studio and network for making this journey possible. But most of all, we want to thank the fans. Their fierce loyalty and devotion was the real magic behind Once Upon a Time. We hope they join us for these last few hours as we journey to the Enchanted Forrest for one more adventure."

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For all of you worried about whether your faves with get their well-deserved happy endings, never fear. Horowitz and Kitsis have got it covered. "It's not like this was like a shock," Kitsis told Variety. "We knew this was a distinct possibility from the moment the season started. So it has always sort of been in the back of our minds designing things to wrap up the end of this year if need be. So we're we're prepared and we're well into our end game plan."

Added Horowitz: "We had two different scenarios for the finale. And so we're going to go with plan B."

Ultimately, Kitsis is right that it's not much of a surprise that the show is on its way out. Rebooting a show in general tends to hint that something has gone wrong with the original design. We can only be glad that the characters we love will get the endings we've always wanted for them.

After the news broke, stars of the series were quick to chime in with thank you messages, bidding adieu to the show they love.

"This show has touched so many people's lives, changed them for the better, has inspired us to grow in ways we never could've imagined," Lana Parrilla said in an Instagram post. "It's brought hope, joy, friendships and love to so many. I am lucky and blessed to have been a part of it for 7 years."

I'll never forget the day I walked in to audition as Evil Queen Regina for Eddy and Adam. I was wearing all black (of course) and had this crazy, dreadlock looking wrap draped over my shoulders. I had no idea where this pilot was going to go but I knew it was something special. I walked out of the audition room and down the hall was an old photograph of the OG Evil Queen herself. I knew then, something magical was about to begin. It's been 7 years now and I couldn't be prouder of what we all have created. Adam and Eddy had this crazy idea in their minds years ago and it turned into a fantastical phenomenon. This show has touched so many people's lives, changed them for the better, has inspired us to grow in ways we never could've imagined. It's brought hope, joy, friendships and love to so many. I am lucky and blessed to have been a part of it for 7 years. I want to thank the cast, our incredibly, hard working crew and the writers for your dedication and hard work over the years. Thank you to the studio and network for believing in us, supporting us and giving us a home to tell our stories. But most importantly, I want to thank our fans. We honestly wouldn't be here without your love, support and loyalty to ONCE. Thank you for standing by us all of these years. We hope we've made you proud and that the magic this show has brought in to your lives never dies. Thank you for all you've given back to us in return and always remember to keep that magic alive. Signed with love, respect, gratitude and honor, Lana ❤️ #OUAT 🙏

A post shared by Lana Parrilla (@lparrilla) on


Colin O'Donoghue let his friend and partner in crime, Sam Heughan, speak for him, retweeting the Outlander actor's message to Oncers, "Sad day for you #Oncers but what a journey!!!"

Once Upon a Time returns March 2 at 8/7c on ABC.