Jenny McCarthy And Sherri Shepherd Out At 'The View'

First, co-host Sherri Shepherd announced she was leaving the show after seven years, saying, "I look forward to the business opportunities that lay ahead for me and I am incredibly grateful to my View family and my fans."

But a many are claiming that the real reason behind Shepherd's departure was that ABC and the TV star could not reach a new contract deal after protracted negotiations. Shepherd is also in the midst of a very messy divorce.

Shortly after Shepherd's announcement, co-host of just one season, Jenny McCarthy, tweeted: "If Sherri goes... I go too. #sisters."

McCarthy, who was reportedly walking on thin ice on the show already, later explained:

McCarthy's fiancé, Donnie Wahlberg, chimed in:

While Shepherd later Instagrammed:

"Mr @DonnieWahlberg always takes care of his ladies @jennyannmccarthy & me! To be continued... ;O)"

Shepherd and McCarthy are both expected to finish out the show's current season, which wraps the first week of August.

"The View" is heading into its 18th season this fall, but there may be even more shakeups on both sides of the camera to come, reports Variety.