'Spongebob Squarepants' Cancellation Updates: Nickelodeon’s Animated TV Series To Bring More Laughs; New Seasons Confirmed

The talking yellow sponge and its friend, a pink star fish, is about to bid farewell to its audience. Spongebob Squarepants, Patrick Star and other creatures in Bikini Bottom are saying goodbye to kids and kids at heart after "Spongebob Squarepants" Season 10 and 11 were canceled.

After 17 years of making funny remarks, "Spongebob Squarepants" is finally saying goodbye to its audience, according to i4u. But are the fans ready to say goodbye to Mr. Krabs, Patrick Star, Sandy Cheeks, Pearl and many others? Rumors say that the show will be canceled because of poor ratings of its Season 9.

An image on Facebook circulated saying: "After 17 years on TV, SpongeBob Squarepants is officially being canceled on October 17th, 2016." Everybody was shocked as this was the cartoon everyone grew up with.

Nickelodeon was quick to say the "Spongebob Squarepants" is not canceled and will continue to bring good laughs with its cast, according to Snopes. Fans who grew up with the show would know how kind Spongebob Squarepants is, especially to his boss, Mr. Krabs, his neighbor, Squidward Tentacles and to his best friend, Patrick Star.

There had also been a cancellation hoax of the "Spongebob Squarepants" in 2013. Fans expressed their sadness over the supposed cancellation of the show through social media.

"If spongebob is being canceled, just go ahead & cancel my life too," according to one tweet. Another expressed disgust over the person who started the "Spongebob Squarepants" cancellation hoax and said: "What kind of sick freak would make up that Spongebob is being canceled man?"

"Spongebob Squarepants" has bagged two Emmy Awards and eight Golden Reel Awards, according to Express. Nickelodeon would be like putting a bullet to its head if it were to cancel the show.

Fans' reaction to the cancellation of "Spongebob Squarepants" was expected. As who does not the yellow talking cereal box?

"Spongebob Squarepants" aired its first episode on May 1, 1999. It has since attracted young and adult fans.