LOS ANGELES -- Anderson Cooper's daytime talk show will be wrapping after two seasons.

Warner Bros. said Monday that the marketplace made it increasingly difficult for "Anderson Live" to "break through" to viewers despite format changes.

The show switched to live broadcasts in its second year but struggled to match the ratings performance of daytime frontrunners including "Ellen" and "Live! With Kelly and Michael."

Newcomers, including Katie Couric, also made the talk show arena more competitive.

In a statement, Cooper said he was grateful to Warner's Telepictures syndication arm for the opportunity and proud of his staff's work.

Cooper, who remains host of CNN's "Anderson Cooper 360," will continue with "Anderson Live" through summer 2013, Warner said.