The cancellation, which was first reported by the New York Times, has been confirmed by CNN, though a date has yet to be set for when the former British tabloid editor will end his troubled run.
Morgan was hired by Jonathan Klein, the predecessor of Jeff Zucker, who came into the top job at CNN with a mandate to improve ratings. While CNN has made some inroads overall on that front in the last 13 months, it remains deeply mired in last place in prime time behind Fox News, which dominates, and MSNBC.
Morgan took over from long-time host Larry King in 2011, and never gained traction. He arrived with a lot of baggage, and has been in and out of the news in the last 18 months in connection with the phone hacking scandal in Britain.
Morgan has consistently denied that he was involved in such activities while an editor in the U.K.
Morgan's audience has recently dropped to below 400,000 a viewers a night.