The sequel to the classic sitcom, Frasier, will not return to Paramount+ for a third season. Deadline and The Hollywood Reporter said CBS Studios, the show's producer, is hoping to find it a new home at another network or streaming service.

Paramount+ has opted not to renew Frasier for a third season. Producer CBS Studios remains committed to the series and will it to other outlets.

Paramount+ is bringing the curtain down on Frasier revival after its second series. The show, which launched in October 2023, is to be shopped to other buyers by producer CBS Studios, but US reports suggest it is unlikely that sibling broadcaster CBS will pick the series up.