Freeform has finally announced the cancellation of the show.
Update: 27th June 2018 Freeform are claiming that no decision has been made and are denying the report from The Hollywood Reporter.
Freeform has cancelled the Bella Thorne drama after 2 seasons, as confirmed by The Hollywood Reporter.
Sources tell The Hollywood Reporter that Freeform initially wanted to do a third season of the expensive series from producers Warner Horizon Scripted Television but asked streaming partner Hulu — which has SVOD rights to the drama — for a larger contribution. Sources say Hulu has yet to receive a formal proposal from Freeform to save Famous in Love, which saw its same-day viewership sink.