While appearing on the latest episode of comedian Heather McMahan's podcast, "Absolutely Not," Philipps explained, "I actually feel very empowered by everything, by the response to my show getting canceled. It's kind of like weirdly best-case scenario if you're going to get kicked off the air."
"People are pissed," she continued. "There have been really nice pieces written about it and then beyond that, I guess I just have learned, after 20 years in this business, the last year has probably been the most transformative for me."
E! killed the fun, late-night talk show after only six months on the air. Although "Busy Tonight" aired its final episode in May, the "Dawson's Creek" alum expressed that she's not giving up on her show and hopes to find it a new home.
"I really believed and still believe in my show, in 'Busy Tonight,'" she told THR Wednesday. "And I know that we were incredibly creative and culturally successful, even though we were canceled. Many canceled shows are those things. I am just trying to right now figure out the best way to move it forward."
Despite this optimism, Philipps said she remains "frustrated" over how the cancelation went down. "I wish I would've known that I only had basically six weeks to get the ratings to where they had wanted them. I didn't know," she said.
"I wished I had had more information from the network in terms of what they needed and were looking for in terms of milestones and ratings and things," she added.
When it comes to finding a possible new platform for "Busy Tonight," Philipps seemed a little wary about streaming services, despite their popularity.
"People are going to get fatigued by all the pay walls and by all the subscriptions that they have to purchase in order to watch content that they want to watch," she said. "I think that that's a consideration for me in thinking about where I would want to put my show and how I would want to let people see it."