The television host said that 6.30 with George Negus, which debuted in January this year, was too "ahead of its time" for the Australian public.
Carrie Bickmore, Dave Hughes and Charlie Pickering programme The 7pm Project has now been extended by half an hour to take over Negus's slot and will be renamed The Project, but Negus will return to being a regular panelist on the show.
Negus told Sky News: "Though sadly 6.30 has come to an end, I'm looking forward to getting back with my mates at The Project. They've also broken new ground with their irreverent approach to what's going on around us, it's my kind of tongue-in-cheek programme.
"We are immensely proud of all we have achieved. The truth is that unfortunately a programme like 6.30 was ahead of its time, but who knows about the future?"
6.30pm with George Negus was recently featured in a list of the worst Australian TV shows of 2011 after being plagued with rumours of poor ratings and an "over-indulgent" host.
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