Earlier in the week, we reported that The Simpsons was in danger of being canceled by Fox due to sagging ratings and failed contract negotiations with the stars of the show. Now Deadline is reporting that Fox has decided to renew the show for two more seasons after both sides compromised on a new deal. This ensures a future for the show through the 2013-2014 season, which would be the 25th season for Homer, Marge, Bart, Lisa, and Maggie.

It would have been a bitter pill to swallow for the show's followers to get robbed of a proper series finale because of a simple contract dispute. Thankfully, cooler heads prevailed and The Simpsons won't come to a sudden halt like so many classic shows before it. The news of this renewal should be enough for longtime Simpsons fans to tap their fingers together and let out a Monty Burns quality, "Excellent." 

With the show now guaranteed to air for over a quarter of a century, there is no word on if the 25th season will be the last. But with the current questionable quality of the show, and the declining ratings, we can only hope that these next two seasons shock us by returning The Simpsons to its former brilliance. 

[via Deadline]