The CW

Following The CW's "Arrow" renewal in January, the show's executive producers have announced that the eighth season will be its last. The superhero series is currently in the midst of its seventh season and is slated for a final run next fall.

"Arrow" Season 8 will consist of just 10 episodes, Variety reports. Executive producers Greg Berlanti, Marc Guggenheim, and Beth Schwartz said in a statement that it was "a difficult decision to come to" but one that was made "with the best interests of 'Arrow' in mind." They pointed out that though the show is ending, the universe it inspired lives on.

"We're heartened by the fact that 'Arrow' has birthed an entire universe of shows that will continue on for many years to come," they said, per Variety. "We're excited about crafting a conclusion that honors the show, its characters and its legacy and are grateful to all the writers, producers, actors, and -- more importantly -- the incredible crew that has sustained us and the show for over seven years."

Many of the show's stars chimed in with social media posts, thanking fans and letting them know how much they've loved being part of the series. Stephen Amell (Oliver Queen), for example, called it "the greatest professional experience of [his] life."

The news is bittersweet, but at least there's still hope that we may see "Arrow" characters return from time to time on other shows in the universe.

[h/t: Variety]