Telepictures production company has confirmed Bethenny has been canceled after only one season, Us Weeklyreported Friday.
"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," the company told Us in a statement.
"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."
"I had a blast doing this show with Telepictures," Frankel told the magazine. "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."
A source told Us that Frankel will be just fine career-wise, as she will "continue to fight to grow" her empire, which includes Skinnygirl products and books she's written.
"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 source 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."
Frankel also previously competed on The Apprentice: Martha Stewart. Her Bethenny talk show premiered in September of last year and was executive produced by Ellen DeGeneres.