"In light of the overwhelming tragedy at Mount Everest and out of respect for the families of the fallen, Discovery Channel will not be going forward with Everest Jump Live. Our thoughts and prayers go out to the whole Sherpa community," the network said in a statement.
Everest Jump Live would have aired live footage of climber Joby Ogwyn attempt to glide off the top of Mount Everest wearing a winged suit. It was set to air May 11.
More than a dozen Sherpa guides died when an avalanche swept part of the mountain above base camp, at an altitude of 19,000 feet.
Rescuers found a 13th body on Saturday, though Nepalese officials said weather conditions would make it impossible for crews to continue searching for the last three missing mountaineers.