At the time, HBO made their commitments for only one year at a time, a third season would have meant opening up a new two-season book in Daniel Knauf's six-year plan, including the introduction of new storylines for current and new characters, and further clarification and elaboration on the show's mythology. HBO announced that the show had been cancelled on May 11, 2005. HBO's president Chris Albrecht said the network would have considered otherwise if the producers had been willing to lower the price of an episode to US$2 million; but the running costs for the sizable cast, the all-on-location shooting and the number of episodes per season were too enormous for them.