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'Luck' axe 'cost HBO $35 million'

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Dustin Hoffman in 'Luck' poster

© HBO

The cancellation of HBO drama Luck is said to have cost the cable network $35 million (£21.6m).

The series - which starred Dustin Hoffman - was axed in March following the deaths of several animals involved in the show's horse-racing scenes.

Time Warner's quarterly earnings statement revealed that the abrupt decision cost HBO $35 million (£21.6 million), according to Vulture.

The money lost includes impairment charges, plus production and promotional costs that could not be recouped due to the show's short run.

Luck was originally picked up for a second season in January, but all plans for new episodes were abandoned following three horse deaths.

Animal welfare group PETA previously announced that it was "glad" the series had ended.

"Knowing that old, unfit and drugged horses were forced to race for this series, PETA is glad that HBO has finally decided to cancel the show," the group said in a statement. "We thank the whistleblowers who refused to let these horses' deaths go unnoticed."

The final episode of Luck aired on March 25 on HBO.

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