Apple TV+ has announced the cancellation of its comedy series 'Mythic Quest' after four seasons, with the fourth season finale episode set to receive a new "goodbye" ending next week. According to Variety, the show's executive producers, Megan Ganz, David Hornsby, and Rob McElhenney, confirmed the news, expressing their pride in the show and gratitude to the cast, crew, and Apple for believing in their vision.

The cancellation comes amidst reports that Apple TV+ has been losing $1 billion a year, raising questions about the streaming service's financial sustainability. 'Mythic Quest' was one of the early shows on Apple TV+, premiering in 2020, and had developed a loyal fan base with its witty take on the tech industry and gaming world.

The show, created by Rob McElhenney, Charlie Day, and Megan Ganz, followed the story of Mythic Quest Studios, a fictional game development studio, and its quirky cast of characters. Throughout its four seasons, 'Mythic Quest' tackled various themes, from startup culture to ethical questions in the gaming industry, while maintaining a lighthearted and humorous tone.

The show's cast, including Rob McElhenney, Charlotte Nicdao, David Hornsby, Ashly Burch, and Imani Hakim, among others, brought the characters to life, making the show a fan favorite. The series also spawned a four-episode spinoff, 'Side Quest', which was released on March 26th.

The cancellation of 'Mythic Quest' marks a significant shift in Apple TV+'s content strategy, which has been investing heavily in original programming. The streaming service faces stiff competition from established players like Netflix, Amazon Prime, and Disney+, and the financial struggles may force Apple to reevaluate its content offerings.

The new finale episode, set to air next week, will provide closure for fans of the show, and the executive producers have expressed their gratitude to Apple for allowing them to create a special goodbye episode. As the streaming landscape continues to evolve, the cancellation of 'Mythic Quest' serves as a reminder of the challenges faced by streaming services in creating and sustaining engaging content.

In a statement, the executive producers said, "Endings are hard. But after four incredible seasons, 'Mythic Quest' is coming to a close... To all our fans, thank you for playing with us. To our partners at Apple, thank you for believing in the vision from the very beginning." The farewell episode will undoubtedly be an emotional conclusion to the series, and fans will be eagerly waiting to see how the story wraps up.

The cancellation of 'Mythic Quest' also raises questions about the future of Apple TV+ and its ability to attract and retain subscribers. As the streaming service navigates these challenges, it remains to be seen how it will adapt to the changing landscape and what new content offerings will emerge in the wake of 'Mythic Quest's' cancellation.