The show's exit leaves a gaping hole in network television.
"We couldn't be prouder of this game-changing show and the impact it has had on our cultural landscape," said Karey Burke, president of ABC Entertainment. "The success of 'Fresh Off the Boat' has helped pave the way for inclusion throughout the industry. Nahnatchka Khan and her brilliant creative team have created an unforgettable series with an Asian-American family front and center, something that had not been done in two decades. "
The last big network show to feature an Asian-American family was Margaret Cho's "All-American Girl," which aired in 1994 and was canceled after a single season.
"Fresh Off the Boat" is set in the 1990s, and follows the experiences of a young boy and his family right after they move to suburban Orlando. It's based on a memoir by the same name, written by Eddie Huang.
But the announcement of the show's ending might not be bad news for everyone.
"So upset right now that I'm literally crying. Ugh," she said in a tweet, followed by expletives. When the show's Instagram page posted the announcement, she commented "Dislike."