'Wayward Pines' season 3 renewal update: FOX wants a new season; Will M. Night Shyamalan be back?

Almost a month after the second season of "Wayward Pines" ended, talks of a third season have begun and a renewal is looking more and more likely despite possible hurdles.

"Wayward Pines" was supposed to be a limited series only. It was the biggest hit of the summer last year, and the demand of fans paved the way for a new season.

The second season, which ended in July, was not received as well as the first one based on the viewership and ratings. Comparing the first season and the second, one will notice a significant dip. The situation the series was in during its first run was not the same after its sophomore run, prompting questions on what could warrant "Wayward Pines" season 3 to happen.

Despite the low viewership in the second season, FOX seems to remain passionate about the project. Network chairman and chief executive officer Dana Walden is confident of a "Wayward Pines" season 3 renewal.

She admitted during the Television Critics Association summer press tour that while the show "struggled," which she emphasized also happens to most shows year to year, she still thinks that "there could be a season three."

"I think I'm sharing a point of view of [executive producer M. Night Shyamalan] that the first couple episodes were trying to find its way in a reset. By sort of the third episode on, it really hit its stride. It's hard when you have to reinvent a series each season," she went on to say.

Walden added that the people behind the series have come up with a "compelling" story for "Wayward Pines" season 3 and that FOX is looking into making it happen.

Blake Crouch, the author of the novels that inspired the show, also revealed in an interview with Entertainment Weekly that one of the concepts for "Wayward Pines" season 3 is about "man facing his own extinction."

As far as the characters go, Walden said that the ones from the previous seasons could come back, but nothing is set in stone.

At the moment, Shyamalan is busy with a new series "Tales from the Crypt," a revamp of the horror anthology that aired in the nineties.

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