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Quoted from Dan Schneider (Creator of Drake and Josh)

"Drake & Josh was never canceled. The term "canceled" usually applies to a network ending a TV show due to poor ratings. That never happened with Drake & Josh. In fact, Drake & Josh got its highest ratings during its final season. And the last episode "Really Big Shrimp" was the most-watched episode of the entire series' run.

Drake & Josh ended because we all felt it was time to say goodbye. Both Drake Bell and Josh Peck had been with Nickelodeon for nearly 8 years (I first hired them for The Amanda Show). They were ready to move on and try new things. Also, the network already had plenty of episodes of Drake & Josh for reruns, and they were excited about the idea of me creating a new TV series for Miranda Cosgrove (which I did: iCarly).

So, Drake & Josh ended because of a mutual decision by the stars, the network, and me. We were all very sad to say goodbye to the show, but we had a lot of fun two years later making "Merry Christmas, Drake & Josh.""

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