After airing only two episodes, The CW has axed Ashton Kutcher's much-hyped drama The Beautiful Life, marking the fall season's first casualty. Production on the seventh episode was abruptly shut down Friday, reports The Live Feed. The show, which was similar in setting to popular reality show America's Next Top Model, received buzz for the medical problems of its star Mischa Barton. Wednesday's episode reached only 1 million viewers and received abysmal ratings in its adult demo. The CW will air re-runs of its revamp of Melrose Place in the show's place.