"Shadowhunters" will not have a fourth season as Freeform lost its deal with Netflix, The Hollywood Reporter explained. The TV series quickly became popular among fans as it already had an established fan base. The series was an adaptation of Cassandra Clare's novels "The Mortal Instruments."

In 2013, the first novel was made into a Film called "The Mortal Instruments: City of Bones" by Constantin Film. However, due to the poor ratings at the box office, the sequel fell through and the film series was subsequently cancelled.

The series was later picked up and created into a show in 2016.

According to Cinemablend, the show will end with 12 episodes that have already been filmed which will air in Spring of 2019, along with a special two-hour long finale.

'Shadowhunters' Fans join together in hope renewal

According to The Hollywood Reporter, "Constantin lost its output deal with Netflix, which helped to foot the bill for the pricey project." With the loss of support from Netflix, Constantin would need more finances from Freeform, which sources have said they are unable to meet..

Freeform made a statement on Monday saying, “We are very proud of Shadowhunters, a series that broke new ground in the genre world and became a fan favourite.” The network also added that along with their partners at Constantin they both came to the hard decision not to renew the series for another season.

The also as announced that “Freeform championed the filming of a special two-part finale that would give devoted fans a proper ending.”

However, fans are upset about the cancellation of the show and have taken to social media such as Twitter, Instagram and Tumblr, to call for the renewal of the show.

Fans hope that the show will be saved because of the messages it sends and the representations it upholds.

Fans feel like this about "Shadowhunters," because despite this show being a fantasy show for young adults, it tackles topics that many face in reality such as homophobia, sexism, and racism.

When the news broke on Twitter, it became the top news story on the Moments page, which included tweets from fans, stars of the show, producers and crew members, thanking fans of the show for their support.

Lead actor Katherine McNamara, who plays the main protagonist Clary Fray, tweeted out her comments about the cancellation through this photo with a long written message.

Will the fans' petition save the show?

Thanks to Twitter and fans, the hashtag SaveShadowhunters was second on the trending list. Fans used the hashtag RenewShadowhunters to show their dedication and devotion to the show.

Not only that, but petitions are already being created in the hope of saving the show. The petition quickly garnered over 15 thousand signatures.

The actors who have played the characters on the show voiced their love for the show and there were tweets including hashtags to save the show by such as Harry Shum Jr who plays Magnus Bane.

The recent cancellation of the popular programme "Brooklyn Nine-Nine," ended up with it being picked up by another company due to the backlash and support. Fans of "Shadowhunters" are hopeful that the same can be done for them.