"At this time we are postponing the launch of the new stand-up comedy special Bill Cosby 77," Netflix said Tuesday evening in a statement.
Cosby's publicist has reportedly said the decision was mutual.
The special was billed as a birthday celebration for Cosby, who was expected to share "intimate and wildly entertaining stories from his childhood, first loves, and the endless adventure of parenthood." The special was shot at the San Francisco Jazz Center and was supposed to show Cosby "at the top of his craft."
US TV network NBC has also released a statement canceling cosby's show. In the statement, the company confirmed the project with the 77-year-old was "no longer in development"
"We can confirm that the Cosby project is no longer in development," NBC Spokesperson Rebecca Marks said.
Ever since comedian Hannibal Buress called Cosby a rapist last month during a routine, several former accusers have come forward to talk about how they were allegedly victimized by the once popular TV star in the '80s.
The most recent was Janice Dickinson, who told Entertainment Tonight that Cosby drugged and raped her more than 30 years ago.