Warner Brothers has just announced it will clip the wings of the long-running Buffy spin-off-Angel. According to an official statement:

Like some of the great series that are leaving the air this year, including "Frasier" and "Friends", the cast, crew, writers and producers of "Angel" deserve to be able to wrap up the series in a way befitting a classic television series and that is why we went to Joss to let him know that this would be the last year of the series on The WB.

No official details are being released at this time other than the promise of “special movie events” sometime next year. Nine episodes left, people. Enjoy it while you can.

Official WB Press Release: Important News About Angel [WB.com]