It's been rumored about for a while, and was even the subject of a Twitter campaign to save the show, but according to Deadline, Comedy Central has finally dropped the axe on Sarah Silverman's self-titled comedy show after three seasons.
...It also was on the brink of cancellation in 2009 when she and fellow executive producers Dan Sterling and Rob Schrab threatened to quit after the cable network asked them to slash the series’ budget by more than 20%. A last-minute deal with sister network Logo was reached to co-finance the series, so a 10-episode third season was ordered. But midway through Season 3, which wrapped last month, the network bumped the series from 10:30 PM to midnight, hinting at its intention not to continue with Sarah.
This bums me out a little, though to be truthful, I haven't really watched the show since early season 2. Silverman is incredibly funny in spurts, and I'm actually a big fan of Steve Agee, but the show never quite hooked me. There was something about its extremely glossy filth that kept me at a weird distance from the jokes. Undoubtedly Silverman will continue to land random funny girlfriend roles in various indie comedies. I'll always remember her most fondly for the time she got punched in the face by Ryan Phillippe in Way of the Gun.