Fox is expected to announce that 24's time is finally up and its 8th season will be its last. This is what Variety says. They are saying that Fox will release a statement in the next couple of days announcing that 24 has been canceled. I guess this isn't exactly pube-pulling news and many saw it coming. Apparently, 24's ratings aren't what they used to be and the show costs too much to produce. Fox also wants to begin production on a 24 movie and they can't go forward with this until the show is off the air.