So even if Showtime CEO David Nevins is saying that it considered renewing the show for a Season 4, its action say otherwise. It seems that Nevins is just trying to be politically-correct in his ways and does not want to say bad things about John Logans or the many fans of “Penny Dreadful.”
John Logan has also remained true to his stand that “Penny Dreadful” had an arc that is only good for three seasons since its premiere episode debuted on Showtime.
The statement seems to be more of a graceful exit or a ruse allowed by Showtime to give Logan the dignity and pride that he deserves because it would have been awful if the reports said that the show was axed instead of concluded.
Nevins explained the process behind the decision to end “Penny Dreadful” with the death of Eva Green’s beloved character, Vanessa, because the series no longer has a life after her.
Though many thought that “Penny Dreadful’s” finale was a little abrupt, Showtime thinks that it was a bold and necessary move on Logan’s part. Nevins explained that the series would just lose its authenticity if Logan chooses to continue. He added that it was a moving target, which is partly why they chose to end it that way.