No more spinoff, no more "Penny Dreadful" Season 4. As far as other fans are concerned, they think that adding another season or creating a new story arc for the story will only ruin the show.
"Penny Dreadful" Season 4 and Spinoff
Fans have been wondering when will they see "Penny Dreadful" Season 4 or any spinoff related to Penny, however, there are also some fans who are convinced that three seasons are enough to conclude the story besides, how will you recreate a dead character? If the network or the showrunners are really determined to bring back the show with a spinoff, what will be an interesting plot for it? Focusing entirely to Ethan Chandler, for other viewers, is actually boring.
In fan's perspective, speculations that the other reason why "Penny Dreadful" Season 4 is not renewed is because of its ratings and Eva Green's character death scene is just a cover up. Rumor or not, the showrunner clarified that the series is only up for three seasons and Penny's life is over so what another story arc will they work on if the lead is already dead?
"Penny Dreadful" Season 4 vs. Ethan Chandler's Spinoff
According to News Every Day, there are speculations that despite the fact that "Penny Dreadful" Season 4 will not push through, there is still Ethan Chandler who can save the show's fate. Though it will not be entirely about Penny but about Ethan's struggles in coping up with Penny's death and a six months time jump after the tragedy, fans are still doubting that it can pull off a good show.
When it comes to Ethan Chandler's plot, the supports are divided. There are those who believe that it will only ruin the original story and those who are in favor who sees the spinoff as their saving grace for having a heartbreaking finale last season.
As of now, there is no confirmation about "Penny Dreadful" Season 4 or the spinoff.