Cancellation
During the October 31, 2010 episode of Penn Point, Penn alluded that Bullshit! is no longer on Showtime, saying "… it's where Penn & Teller's Bullshit! used to be," while referencing Showtime.
In an interview published November 3, 2010 by the Atlantic City Weekly, Teller states, "We are in the process of making a decision to continue with Showtime or move on to a new show on Discovery Channel." In April 2011, Jillette announced on Twitter that Bullshit! had ended and the duo would indeed appear in a new Discovery Channel series, originally titled Penn & Teller: Secrets of the Universe but ultimately airing as Penn & Teller Tell a Lie.
Read more about this topic: Penn & Teller: Bullshit!