Showtime announced today that its sophomore supernatural series Penny Dreadful will be coming back for a third season. The show’s numbers have not been great during its second season, but the renewal does not come as a big surprise. It may not be a Game of Thrones type ratings performer, but it continues to generate good buzz (and it is a BAFTA award winner) and likely has international financing back it as well. I have had it at a Moderate Cancellation Alert over the last few weeks largely because it has not succeeded in growing its audience from its first year. But I only considered it marginally in danger cancellation and considered it more likely than not to get renewed. The third season will consist of nine episodes and will air in 2016.