"We are incredibly proud of the creativity, passion, and professionalism Bethenny and her staff brought to daytime each and every day and look forward to finishing out the season with more great original episodes," read a statement from the company. "While we are disappointed not to be able to bring the series back for a second season, we remain convinced that she has a unique voice and that she will continue to be successful in the future."
A source close to the 43-year-old reality star claims Frankel was never too pleased with the show anyway because "it was hard for her to be edited."
"The truth is, while she did love the show, it was hard for her to be edited every day in the daytime talk show world," the insider said. "She is who she is, and she never wanted to have to edit herself, which she often had to do. So it is all for the best."
The source assured that Frankel will continue to "fight" and to "grow" her empire.
"I had a blast doing this show with Telepictures," the host told Us Weekly in a statement. "My entire staff worked so hard and made everyday so much fun. I am thankful for the experience and for all of my fans who tuned in every day."
Bethenny, which is executive produced by Ellen DeGeneres, was launched in September 2012 after a summer test run.
Swim Week Miami Beach 2014 [PHOTOS]