"We're very proud of everyone's contributions to making 'Katie' the No. 1 new syndicated talk show of 2012-13 and we look forward to the rest of the season," Couric and ABC/Disney said in a joint statement.
The Hollywood Reporter said the show was canceled because its ratings didn't justify its production costs.
Couric is to start a new job as the global anchor for Yahoo! early next year.
Notable deaths of 2014 [PHOTOS]
Yvette Nicole Brown departs sitcom 'Community'