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Don’t panic, The Simpsons hasn’t been axed!

After all that panic the “The Simpsons” would be cancelled because of the actors bleeding the cash cow dry, it’s been renewed for another two seasons up to 2013.

Here’s some of the press release published on Deadline:

FOX has renewed THE SIMPSONS, the longest-running comedy in television history, for an incredible 24th and 25th season, bringing the series total to an astonishing 559 episodes. THE SIMPSONS airs Sundays (8:00-8:30 PM ET/PT) on FOX.

In the words of Homer Simpson, “Woo Hoo! I outlasted Andy Rooney!”

The longest-running scripted show in television history, THE SIMPSONS exploded into a cultural phenomenon in 1990 and has remained one of the most groundbreaking and innovative entertainment franchises, recognizable throughout the world. Matt Groening created the iconic family: Homer, Marge, Bart, Lisa and Maggie. In February 2012, THE SIMPSONS will celebrate its historic 500th episode. The series has won 27 Emmy Awards, been the subject of a hit feature film, created “Krustyland” and a revolutionary virtual coaster – The Simpsons Ride – at Universal Studios, received a star on The Hollywood Walk of Fame, been honored with five U.S. postal stamps personally designed by Matt Groening, and named the “Best Show of the 20th Century” by Time Magazine.

See, all that fuss for nothing! But I am now getting curious as to how much of a pay cut they took, and what direction their negotiations took. We’ll keep you posted!

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