The Australian western drama, which stars Daniel MacPherson and Zoe Ventoura, will not return to television screens in 2012 after TV bosses decided that the ratings have dropped too drastically during the first series.
A Seven spokesperson told The Daily Telegraph: "We are very proud to have been able to bring Wild Boys to the screen. The show premiered to strong audience figures, which stayed with the show for a number of weeks.
"However, those numbers didn't hold with the show and regrettably [we] have made the decision not to commission series two.''
Wild Boys premiered to great audience figures and even beat long-running crime drama Underbelly in the ratings, but dropped to less than one million viewers with this week's episode.
The show will reportedly be replaced with new drama A Place to Call Home in 2012, which is directed by Packed to the Rafters and Winners and Losers creator Bevan Lee.
Wild Boys stars MacPherson and Ventoura are now dating after meeting on the set of the show. They have both recently relocated to LA to try to launch their Hollywood careers.
The last episode of Wild Boys will air on November 20 on Seven.
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