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The BBC has quit talks to buy future episodes of The Simpsons.
It said rival channels had pushed the price to "ludicrous" levels.
The BBC already has the rights to screen shows for the next few years.
But it says it felt it was unable to justify spending so much of licence payers' cash on the show to continue the deal.
Episodes are understood to have cost around £100,000 each until now, but a bidding war has pushed these to more than £700,000.
Channel 5 and Channel 4 are still in negotiations to land The Simpsons, which is one of BBC2's big family draws.
However, BBC2 controller Jane Root has walked out of talks because of the excessive cost.
It follows the same channel's withdrawal from discussions to tie up a new deal with Naked Chef Jamie Oliver last week because of unease about his commercial deals with Sainsbury's.
The decision to pull out of Simpsons talks does not mean that the season ends suddenly on BBC2. It will continue to show the programme until the end of 2006 with three new series and repeats.
But the successful bidder will also get the right to the repeats in a matter of months - and it will begin showing new editions of the programme in 2004.
A BBC spokesman said today: "It got to the point where it was a ludicrous price and too much money for us to be able to justify in terms of the licence fee.
And I have Sky One anyway :)
Most programs on BBC are lame, why not cancle them all and make it the BSBC. A 100% simpsons channel.