‘Penny Dreadful’ Season 3 Cancelled? Showtime Renewal, Cancellation News Expected To Come Out Soon

"Penny Dreadful" Season 3 renewal or cancellation news from Showtime is expected to come out anytime soon. With the show's ratings being not as stellar as other series on TV, what are the chances of seeing Ethan and Vanessa for one more season?

"Penny Dreadful" Season 3 may serve as the series finale if Showtime sees that the Eva Green-led series is not doing so well in terms of ratings. According to Carter Matt, the show has not exactly been one of the highest rating shows for the network, but it has received a fairly consistent rating throughout Seasons 1 and 2.

Should Showtime renew "Penny Dreadful" Season 3 for one more year on TV, the publication notes that the renewal order should come out anytime this June. According to the outlet, the network announced Season 2's renewal in the middle of June.

The publication also held a poll regarding the renewal or cancellation of "Penny Dreadful" on TV after Season 3. The majority of voters (99.4 percent) wanted to see the show renewed for another season while only 0.6 percent voted for the show's cancellation.

Meanwhile, Forbes notes that fans should not be worried about the future of "Penny Dreadful" on TV just yet. According to the outlet, occasional drops in ratings are pretty much expected for most shows; however, fans should start worrying when the drops become consistent.

The publication notes on the possibility that the drop in "Penny Dreadful" Season 3 ratings could be due to the premiere of the AMC series, "Preacher." Both shows are leaning towards a horror-genre and are being aired at the same time, which may explain the drop in the former's ratings.

Fans, however, continue to remain optimistic that "Penny Dreadful" Season 3 will still live on for another year. Hopefully, Season 4 will provide more answers and focus on Ethan and Vanessa's story.

Should "Penny Dreadful" Season 3 be renewed for another season? Share your thoughts in the comments section below!