It's time to say goodbye to Stars Hollow. The CW and Warner Bros announced today that "Gilmore Girls" is officially gone [1]. The show's season finale — which will now be the series finale — will air May 15.

The show's demise after seven seasons had been rumored for a while; neither Lauren Graham nor Alexis Bledel had signed contracts to return. But the show got top honors in E!'s Save One Show poll [1], and recently, chances for a shortened eighth season of the show [2] had been looking good. But TV Guide reported on Wednesday that negotiations had hit a standstill [3], with neither star signing a deal.

The statement from the network [4] said the show "helped define a network and created a fantastic, storybook world featuring some of television's most memorable, lovable characters." The statement also said the show would get "the sendoff it deserves" — and I hope that's true. "GG" fans, sound off: What will you miss about the show? Do you think it was time for it to go?

Photo courtesy of The CW [5]