HBO has swung the axe on a “hilarious” new show after just one season. It has been announced that the cable network has called time on The Franchise, a satirical show about the production of a superhero movie series.

"The Franchise," the satirical comedy series about the making of a superhero movie, will not be returning for a second season on HBO.

HBO has canceled The Franchise, its series that parodied superhero movie franchises, after one season.

HBO has opted not to proceed with a second season of The Franchise, its superhero movie satire from Jon Brown, Sam Mendes and Armando Iannucci.

Jan. 4 (UPI) -- HBO has canceled its filmmaking comedy, The Franchise, after one season. "We're so grateful to have had the opportunity to work with the tremendously talented team behind The Franchise, especially Sam Mendes, Jon Brown, Armando Iannucci, and this hilarious ensemble of actors," the cable network said Friday.