(CNN) ABC is turning off the lights on production of "Marvel's Agents of S.H.I.E.L.D.," announcing Thursday the drama will end with its upcoming seventh season.

Loeb said that he owes a debt of gratitude to the fans of the series, which chronicled the plight of the intrepid spies and associates who work with and among superheroes. For these reasons, he said "we want to end on a very high note and complete the incredible saga after seven amazing seasons and 136 hours of quality television."

"Marvel's Agents of S.H.I.E.L.D." premiered in fall 2013 as a spin-off of (and meant to be viewed in tandem with) the immensely profitable films from the Marvel Cinematic Universe. It focused on Clark Gregg's Agent Phil Coulson, a character who had already become known to viewers of movies like "Iron Man" and "The Avengers."

Ming-Na Wen, Chloe Bennet, Elizabeth Henstridge, Iain De Caestecker, Henry Simmons, Natalia Cordova-Buckley and Jeff Ward also star.

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