Yes, sadly, the rumors are true: After four seasons, Fox's "The O.C." is going off the air. According to a press release from the network, Fox wil continue to air new episodes of "The O.C." until the final show on Feb. 22:
"The O.C. Season Four finale will also be the series finale. This feels like the best time to bring the show to its close,” said Josh Schwartz, creator and executive producer of The O.C.
I'm at least glad that Fox is planning to show the rest of the season, because I'm really curious to see what happens next. According to TV Guide columnist Michael Ausiello, the January episodes are likely to be pretty nuts: "Someone's coming out, someone's getting pregnant, and someone's going to receive two marriage proposals." Can't wait to find out those answers. I just hope the finale is sufficiently juicy.
As for "O.C." creator Josh Schwartz, he'll be just fine for now. According to Variety, his new pilot, "an action comedy about 20-something spies" called "Chuck," was just picked up by NBC.
i hate you FOX!!! they go promoting till death and happy hour and they should have just left it on wendnesdays 
Assumedly it won't be a all tied up ending if it's already been filmed?
It's come at the best time I think.