Why did Cartoon Network get rid of toonami?

To be honest multiple reasons, when CN shorten the time of toonami the viewer count decrease along with replacing most of the anime with shows the played throught the week (chowder, flapjack,ect). Some say that naruto put the final nail in the coffin others say Synider ( the new CEO at the time ), but either way they cancelled it for due to the lack of views.