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"We are jointly confirming that 'Up Late' will not continue on MSNBC," Baldwin's publicist, Matthew Hiltzik, said in a statement.
MSNBC added, "This is a mutual parting and we wish Alec all the best."
Baldwin's show aired for just five weeks to low ratings before going on a two-week hiatus following Baldwin's notorious altercation on a New York street in which he allegedly used a gay slur to attack a photographer.
Baldwin has disputed the reporting of what he said, but has also apologized. He's drawn much criticism from other media personalities, most notably
The last episode of Baldwin's show to air on MSNBC, on Nov. 8, drew just 395,000 viewers.