Ratings aren't the only driver for HBO, since they don't have advertising like the other major & cable networks.
Besides, ratings couldn't have been behind the cancellation of Hung, as it had better ratings than Bored to Death, How to Make It in America (both of these shows also got the ax), and the horribly dull Enlightened, which for some reason they renewed.
I too was pissed about Deadwood, Rome & Carnivale, and understand they were expensive to produce, as is current hit Game of Thrones (how much longer before they ax that to save $$) But Hung in terms of expense wouldn't come near those hour-long dramas. No shooting overseas or expensive, elaborate sets & costumes. So what's the deal?
The only other comedy I liked on HBO is Curb Your Enthusiasm, and I figure it may be a while before Larry David does a 9th season (if he even agrees to do it). So when they cancelled Hung, I cancelled HBO. Not worth the subscription $$ for crap like True Blood, Angry Boys, Bill Maher, Enlightened, etc.
On the bright side, here's hoping the rumors that Thomas Jane may be on the new series L.A. Noir on TNT are true--that show looks promising.
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