The media was abuzz with rumours that Netflix original series, "House of Cards," is likely to have no third seasons after the second season wraps-up. The statement of Rick Cleveland, the co-executive producer of "House of Cards," was the reason behind the buzz and intense speculation.

At the Vancouver Film Festival, Cleveland said "House of Cards" is "only going to go for a second season and I think that's it." He also said that "Kevin Spacey likes to do movies and Robin Wright likes to do movies."

Citing a source close to "House of Cards," TODAY Entertainment reported that Cleveland was fired from the political drama series in the first season. We cannot vouch for the veracity of the news as Netflix has not released any statement regarding Cleveland or "House of Cards" continuing its run after the end of the season 2.

Modi Wiczyk, CEO of Media Rights Capital, producers of "House of Cards," said to The Baltimore Sun, "I get to know what Francis [Underwood] is going to be doing in seasons 3, 4 and 5. I'm not going to tell you, but it's going to be pretty cool."

He also said that he would "basically be shocked if there wasn't" more seasons of "House of Cards."

"House of Cards" is a huge hit for Netflix and scored three awards at this year's Emmy, including for the outstanding directing for a drama series. Backed by the success of "House of Cards" and "Orange is the New Black," Netflix reported a total 31.8 million net income for the third quarter.

Carl Icahn, the billionaire investor, has sold 2.4 million shares at $341.44 for about $819 million after Netflix reported its profitable third quarter financial result, according to Reuters.

Mr Icahn tweeted: "Sold block of NFLX today. Wish to thank Reed Hastings, Ted Sarandos, NFLX team, and last but not least Kevin Spacey."

In "House of Cards," Kevin Spacey plays the role of shrewd Francis Underwood, the South Carolina congressman.