ABC Scraps Rolling Stone 50th Anniversary Special

Theo Wargo/WireImage for Rock and Roll Hall of Fame
Jann Wenner speaks onstage onstage at the 32nd Annual Rock & Roll Hall Of Fame Induction Ceremony at Barclays Center on April 7, 2017 in New York City.

The three-hour live broadcast was set to air Feb. 7.

ABC is reversing course on its planned Rolling Stone special.

The Disney-owned network has scrapped its planned Rolling Stone 50 three-hour live broadcast that was scheduled to air Feb. 7.

Announced in May as part of its upfront presentation, the broadcast was schedule to showcase live performances, short films, iconic on-stage moments, never-before-seen musical pairings and stars who have helped to shape pop culture, music and politics over 50 years of the magazine.

Done + Dusted was set to produce this special. Rolling Stone's parent company Wenner Media was also producing, with Jann Wenner, Gus Wenner, Ian Stewart, David Jammy and Katy Mullan onboard as executive producers.

The news comes after Penske Media bought a controlling interest in Wenner Media. Jann Wenner was also accused by a journalist in November of offering a writing deal in exchange for sex. He has denied the allegation. A new sexual harassment claim surfaced in late December against Wenner.

ABC announced the Rolling Stone special at the same time that it picked up a Little Mermaid live musical. The latter has since been postponed, and it's unclear if it will still happen.

This article was originally published by The Hollywood Reporter.