Great British Bake Off Is Cut From BBC

This will be the last season of the Great British Bake Off on BBC!

Love Productions, the company that produces the Great British Bake Off has said it has been "unable to reach agreement on terms to renew the commission of The Great British Bake Off" with the BBC.

As a result of this Britain's national broadcaster has lost the rights to the popular cookery show. But don't worry, once you finish this season of the show you'll be able to catch Mary Berry and Paul Hollywood on Channel 4 instead!

It is understood that BBC offered Love Productions £15m to keep the show but the production company would not accept an offer lower than £25m considering it's huge success.

Channel 4 will air it's first Great British Bake Off show in 2017. It will be a Stand Up To Cancer Celebrity Special of the show.

Channel 4's cheif creative officer, Jay Hunt said, "Channel 4 is very proud to be the new home for The Great British Bake Off.

"I'm delighted we have been able to partner with the hugely talented team at Love Productions to keep this much loved show on free-to-air television."

In a statement in The Telegraph, Love Productions said: 

"We are writing to let you all know that, with deep regret, after more than a year of exhaustive negotiations we have been unable to reach an agreement with the BBC for the renewal of The Great British Bake Off.

"We feel it is very important to let you all know as soon as possible because there has been a lot of inaccurate reporting in the media about the negotiations and we want you to be aware of the main facts.

"We are really saddened by this outcome because we always wanted to stay on the BBC. As recently as June we were convinced that was what would happen. This has never been about who might write the biggest cheque, but about where we can find the best home for Bake Off.

"Unfortunately we were unable to agree either a fair valuation, and nor were the BBC able to provide the necessary comfort for the future protection of such a distinctive and much-loved television series."

The company added in a statement: "After an extraordinary six-year journey with the BBC, Love Productions announces with regret that it has been unable to reach agreement on terms to renew the commission of The Great British Bake Off. We will now be focusing on finding a new partner to develop the familiar show that the British public turn to in their millions. Love Productions would like to thank the BBC for the role it played in making this show such an enormous hit, and the faith they showed in us over the years to develop it."