'The Big Bang Theory' season 11 release date
Actor Jim Parsons arrives at the 22nd Annual Critics' Choice Awards in Santa Monica, California, US, December 11, 2016. Reuters/Danny Moloshok

Reports of “The Big Bang Theory” renewal are pouring in as the show’s original cast members Jim Parson, Johnny Galecki, Kaley Cuoco, Simon Helberg and Kunal Nayyar are said to be finalising new contracts with Warner Bros TV. It has also been told that the series will return for two new seasons, and that the project is currently under negotiations between WBTV and CBS. If they manage to crack a successful deal, it won’t be long before fans get to watch season 11 and 12 of the blockbuster comedy series.

Earlier in 2015, “The Big Bang Theory” showrunner Steve Molaro said he believes “The Big Bang Theory” season 10 will be the final outing of the show. “I can't speak to the future or on behalf of the cast or where we'll be then,” Molaro added, “but it's certainly possible that it could go past that. The reality is that maybe season 10 is the ending point.”

Similar doubt over the show’s future was cast once again by the series’ cast member Kunal Nayyar in 2016 at the MCM Comic-Con. “Look - next season, as it stands on our contract, could be the last season,” Kunal was reported as saying. “I know people are gonna want to know what happens after season 10. I don’t know what’s going to happen,” he added, per the Independent.

Nonetheless, things seem to have taken a U-turn over a year later. As “The Bing Bang Theory” season 10 drawn in for a conclusion, evidence of the show’s continuation has finally come to light, bringing an end to fans’ increasing worries over an inconclusive end.

The aforesaid original cast members of the long-running comedy series are finalising new two-year contracts with the network. Five primary cast members will be earning around US$1 million (AU$1.31 million) per episode, which is the same amount they made through seasons 8 to 10, Deadline reports.

Meanwhile, the Hollywood Reporter in a recent report stated that "Big Bang" co-creators Chuck Lorre and Bill Prady, in association with Steve Molaro, are working on a prequel. An insider has described the project as “Malcolm in the Middle” but “with a young and potentially teenage version of Sheldon.” The network and the studio are yet to comment.

“The Bing Bang Theory” has been rated as one of the most popular comedy shows on American TV, with a viewership of 14.24 million and an average rating of 3.6 among adults in the 18-49 demographic. The show is currently being aired on CBS (US) and the final episode titled ”The Comic-Con Conundrum” has been scheduled to telecast Feb. 23 In Australia, “The Big Bang Theory” season 10 broadcasts on Channel 9 (9Now).