VH1 will not be proceeding with a second season of drama series Hindsight. The network has reversed its March decision to pick up a second season of the show, and Season 2 will not go into production as planned. I hear the producers are looking for a new home and are in discussions with streaming services and other platforms about taking the series in.

Hindsight, which was part of VH1’s recent push in original scripted programming, stars Laura Ramsey as Becca, who, on the eve of her second wedding is having misgivings about her life and is transported back in time twenty years to the morning of her first wedding day with an opportunity to fix all her mistakes.

Hindsight received a second-season renewal days after its March Season 1 finale following a softly-rated run. The series drew 367,000 viewers (Live+same day) for the January opener despite a strong lead-in from hit Mob Wives. Its season finale averaged 249,000 viewers.

Hindsight was created by Emily Fox who executive produced along with John A. Norris, Carl Beverly & Sarah Timberman, Maggie Malina and Alexander A. Motlagh. Despite scrapping Season 2 of Hindsight, VH1 says it remains committed to scripted programming but will seek “distinct” projects capable of bringing in big audiences.

“Scripted series have been a successful part of VH1’s primetime line-up since 2010 and will continue to be in the future,” VH1 said in a statement to Deadline. “We love Hindsight and couldn’t be more proud of the series.  But in this overcrowded and rapidly changing climate, we need to carve out VH1’s distinct place in the scripted marketplace and deliver the biggest audiences possible for our series.  As a result, we’re no longer moving forward with a second season of the show. We’re so appreciative of show creator Emily Fox, the cast, and the creative and production teams and look forward to working with them again.”

VH1, which is under new management after the network was moved to the Viacom Entertainment Group run by Doug Herzog, has been reexamining its series portfolio. The network earlier this week abruptly cancelled its morning lineup of Big Morning Buzz Live with Nick Lachey and The Gossip Table despite being in pre-production on both shows. The cancellation of Hindsight was similarly sudden. Viacom has been under a lot of pressure to improve ratings performance for its cable networks as most of them, including VH1, have been posting double-digit declines, as well as to cut cost. There had been a company-wide executive restructuring and across-the-board belt-tightening.