The Penguin Season 2: Why HBO Hasn’t Greenlit Another Chapter Yet

Scott Daly

Penguin on HBO

Despite The Penguin’s widespread success since its November 2024 premiere, the fate of a second season remains in limbo. The Batman spin-off, starring Colin Farrell in a critically acclaimed performance as Oswald “Oz” Cobblepot, has received glowing reviews, impressive viewership numbers, and multiple award nominations. Yet, HBO and DC Studios have yet to confirm whether the show will return for another season, leaving fans questioning its future.

And this is for many reasons. But given the success of Season 1, we’re still holding out hope that HBO can deliver a story compelling enough to get the original cast onboard and the production going.

A Victim of Its Own Design?

One of the primary reasons for the uncertainty surrounding The Penguin‘s future is its original intent. The series was conceived as a standalone, limited-run story, acting as a bridge between Matt Reeves’ The Batman (2022) and the highly anticipated sequel The Batman – Part II (2027). Given its role in the broader Bat-verse, Warner Bros. and DC Studios may be hesitant to extend the story beyond its narrative purpose.

However, history has shown that even limited series can evolve into multi-season hits. Shows like Big Little Lies and Fargo started as one-season concepts before audience demand and critical acclaim encouraged additional installments.

The Penguin (HBO)
The Penguin (HBO)

James Gunn & Peter Safran: The Uncertain Architects of DC’s Future

Adding to the uncertainty is the ongoing restructuring of DC Studios under James Gunn and Peter Safran. Since taking the helm, the duo has been focused on launching their new, interconnected DC Universe (DCU), starting with Superman: Legacy in 2025. While they have expressed admiration for The Penguin, its place in the broader Batman universe, which is separate from the new DCU, makes its renewal a more complex decision.

Unlike The Batman films and The Penguin, which exist under the “Elseworlds” label, Gunn and Safran’s main DCU aims for a unified narrative across movies, TV shows, and video games. This split raises a key question: Will Warner Bros. invest in expanding the Batman-adjacent universe at the same time as launching an entirely new DCU?

The Numbers Don’t Lie: Why HBO Might Want More

From a business standpoint, The Penguin has been a resounding success. HBO Max (now rebranded as “Max”) saw a significant boost in subscribers following the show’s release. The series ranked among the top-streamed shows of late 2024 and early 2025, outperforming several other DC projects, including Titans and Doom Patrol.

Furthermore, the demand for gritty, character-driven crime dramas remains high. The success of shows like Mayor of Kingstown and Peaky Blinders suggests that there is a strong appetite for more stories delving into the criminal underbelly of Gotham.

Colin Farrell’s Take: Would He Return?

Colin Farrell has openly discussed his enthusiasm for the role, stating that he would be willing to return if the writing for a second season is as strong as—or stronger than—the first. His transformation into Oswald Cobblepot, which involved hours in prosthetic makeup and methodical character development, has been widely praised.

Similarly, Cristin Milioti’s portrayal of Sofia Falcone and the complex power struggle in Gotham have been highlights of the show. Expanding their arcs could add further depth to the series, providing ample material for a follow-up season.

The Case for a Season 2

Given the overwhelming praise and audience demand, there’s strong momentum for HBO to greenlight a second season. While the show was originally designed as a limited series, the world of Gotham’s organized crime is vast, offering countless narrative possibilities. If Season 2 were to happen, it could explore:

  • The aftermath of Oz’s rise to power and the potential consequences from rival factions in Gotham.
  • The return of Batman himself, even if only hinted at, tying the series more directly into The Batman – Part II.
  • The deeper corruption of Gotham, potentially introducing new crime lords or DC villains not yet explored in Reeves’ universe.

Final Verdict: Will It Happen?

As of now, the decision lies in the hands of HBO and DC Studios. The show’s critical and commercial success makes it a strong contender for renewal, but the broader strategy of the Batman universe and the new DCU could complicate things.

Fans should stay tuned for updates, as an announcement regarding The Penguin’s future could come after awards season or closer to the release of The Batman – Part II. If the studio believes there’s more to explore in Gotham’s criminal underworld, a second season could be inevitable.

For now, though, it’s a waiting game.

Key Takeaways

  • The Penguin has received critical acclaim and awards recognition despite no official Season 2 announcement from HBO.
  • DC Studios executives James Gunn and Peter Safran have expressed uncertainty about continuing the series beyond its initial run.
  • The show’s success as a Batman spin-off has generated significant fan interest in a potential continuation of Oz Cobb’s criminal journey in Gotham.

Overview of The Penguin

“The Penguin” is an HBO series created by Lauren LeFranc that premiered in November 2024. The show serves as a spin-off to Matt Reeves’ 2022 film “The Batman” and focuses on the rise of Oz Cobb, also known as The Penguin, in Gotham’s criminal underworld.

Colin Farrell stars as Oz Cobb, delivering a transformation so complete that he’s barely recognizable beneath the prosthetics and makeup. His performance has received critical acclaim for bringing depth to the character beyond the typical Batman villain portrayal.

The series takes place in the gritty version of Gotham established in Reeves’ film universe. This Gotham is corrupt, dangerous, and teetering on the edge of chaos—providing the perfect backdrop for Oz’s criminal ambitions.

The first season consisted of eight episodes and told a complete story about Oz’s power grab in Gotham following the events of “The Batman.” The narrative explored his complex relationships, brutal tactics, and strategic mind as he navigated the city’s criminal hierarchy.

Originally planned as a limited series, “The Penguin” was not expected to continue beyond its first season. However, the show’s success has sparked discussions about a potential second season, with Colin Farrell indicating he might return under certain conditions.

The series connects to the larger Batman cinematic universe that Reeves is building, with “The Batman – Part II” scheduled to begin filming in 2025. This connectivity makes “The Penguin” an important piece of the expanding Gotham story.

Season 2 Announcement

The future of HBO’s “The Penguin” remains uncertain as the network has not yet officially ordered a second season of the crime drama starring Colin Farrell. Despite critical acclaim, the show was initially conceived as an eight-episode limited series.

Official Release Statement

HBO has not made any official announcement regarding Season 2 of “The Penguin.” The series, which premiered in November 2024 as a spin-off of Matt Reeves’ “The Batman,” was originally marketed as a limited series with a complete eight-episode arc.

This status mirrors many prestige TV projects that start as limited series but later expand based on audience reception and creative possibilities. Industry insiders note that discussions about continuation likely depend on viewership numbers and how the first season concludes.

Lauren LeFranc, the creator of the series, has not publicly commented on potential continuation plans. Colin Farrell’s willingness to return to the physically demanding role remains a key factor in any renewal considerations.

Expected Launch Timing

If HBO does greenlight a second season of “The Penguin,” viewers shouldn’t expect new episodes until late 2026 at the earliest. This timeline considers several factors affecting production scheduling.

The Batman Part II is currently set for release in October 2025, and DC Studios likely wants to maintain proper spacing between related Batman universe properties. Production time for a series of this caliber typically requires 12-18 months from announcement to premiere.

Budget considerations also play a significant role in timing decisions. The first season featured high production values and extensive prosthetic work for Farrell’s transformation into Oswald Cobblepot.

Any Season 2 would need to coordinate with DC Studios’ broader universe plans, which now include multiple Batman-related projects under James Gunn’s leadership. This complex scheduling might further push back a potential premiere date.

Cast and Characters

The Penguin’s cast has garnered critical acclaim, with Colin Farrell and Cristin Milioti receiving numerous award nominations for their performances. The potential second season would likely build on these established characters while introducing new faces to Gotham’s criminal underworld.

Returning Cast

Colin Farrell would presumably return as Oswald “Oz” Cobblepot, the rising crime lord whose transformation into the iconic Penguin was the centerpiece of season one. His performance under heavy prosthetics earned widespread praise from critics and audiences alike.

Cristin Milioti, who portrays Sofia Falcone, would likely return given her character’s crucial role in the Gotham power structure. Her complex relationship with Oz became a defining element of the first season.

Supporting cast members from season one who might return include characters connected to Oz’s criminal operations and those who survived the first season’s violent power struggles.

HBO has not officially confirmed any cast returns, as the show’s second season remains in limbo despite its critical success.

New Characters

Speculation about new characters for a potential second season includes the possibility of Selina Kyle/Catwoman appearing. This would create an interesting connection to The Batman film universe where Zoë Kravitz portrayed the character.

Industry insiders suggest new antagonists could emerge from Batman’s rogues gallery, providing fresh obstacles for Oz’s criminal empire. Characters with ties to Gotham’s established crime families might also be introduced.

DC Studios executives James Gunn and Peter Safran have been noncommittal about the show’s future, leaving casting possibilities open. The creative team would likely seek to expand the show’s universe while maintaining its gritty crime drama tone.

No official casting announcements have been made for new characters, as the second season remains unconfirmed despite the show’s popularity and award season success.

Production Insights

The production of The Penguin involves complex collaborative efforts between key creative talents and technical teams. Several factors influence the show’s distinctive visual style and narrative approach, from executive decisions to practical filming considerations.

Creative Direction by Matt Reeves

Matt Reeves, the director of The Batman (2022), maintains significant creative oversight on The Penguin as an executive producer. His noir-influenced vision established in the film carries through to the series, ensuring visual and tonal consistency within the same universe.

Reeves works closely with the production team to maintain the gritty, crime-drama aesthetic that distinguishes his take on Gotham City. His involvement extends to major creative decisions about character arcs and story progression.

The filmmaker brings his character-driven approach to the series, focusing on psychological depth rather than traditional superhero tropes. This direction has been praised for giving Colin Farrell’s Oz Cobblepot room to develop as a complex antagonist.

Writing and Story Development

Lauren LeFranc serves as the showrunner and head writer for The Penguin, bringing her experience from shows like Agents of S.H.I.E.L.D. to the Batman universe. Her writing team crafted an eight-episode narrative arc for the first season, focusing on Oz Cobblepot’s rise in Gotham’s criminal underworld.

The writers room developed storylines that bridge events between The Batman and its upcoming sequel. This narrative positioning required careful planning to avoid contradicting future film developments.

Character development received particular attention, especially for supporting characters like Cristin Milioti’s Sofia Falcone. The writing process involved extensive collaboration with Reeves to ensure the series maintained the established tone while standing as its own entity.

Filming Locations and Sets

Principal photography for The Penguin primarily took place in New York City rather than The Batman’s London and Liverpool locations. This change brought a different architectural feel while still capturing Gotham’s essential grimness.

Several iconic locations across New York were transformed into Gotham landmarks, with production designers creating detailed set pieces that extend the film’s visual language. Elaborate practical sets were built for key locations like Oz’s club and various crime family hideouts.

The production embraced practical effects where possible, with minimal green screen usage to maintain the tangible, grounded feel of Reeves’ Gotham. This approach required extensive location scouting and set construction but contributed significantly to the show’s authentic atmosphere.

Visual and Special Effects

The Penguin’s distinctive visual style relies heavily on groundbreaking makeup and cutting-edge visual effects. The show’s creators have maintained exceptional quality standards while potentially introducing new techniques for the anticipated second season.

Makeup and Prosthetics Workflow

Colin Farrell’s transformation into Oz Cobb remains one of the show’s most impressive technical achievements. The prosthetic application process typically requires 3-4 hours daily, with a team led by makeup designer Mike Marino creating the character’s distinctive look.

For the potential second season, rumors suggest a streamlined process that could reduce application time by up to 30%. This would allow for more filming time while maintaining the high quality that earned the show multiple awards and nominations.

The makeup team uses silicone-based prosthetics that allow for exceptional facial mobility, enabling Farrell to deliver his nuanced performance despite the extensive makeup. These prosthetics are custom-designed and hand-painted for each shooting day.

Advancements in Cinematic Visual Effects

HBO has reportedly invested in enhanced VFX technology for The Penguin’s potential second season. This includes improved environmental effects for Gotham City and more sophisticated integration of practical and digital elements.

The show employs a hybrid approach to creating Gotham, blending on-location filming with digital extensions. Season one established this visual language, while the potential second season may expand the scope of environments shown.

Recent reports indicate the VFX team is developing new techniques for portraying Gotham’s evolving criminal underworld. This includes enhanced lighting systems that better capture the noir aesthetic that defined the first season.

The production reportedly uses virtual production techniques similar to those employed in The Batman, allowing for more dynamic camera movement and environmental control. These advancements would help maintain visual continuity with the wider Batman universe.

Critical Reception and Awards

The Penguin has garnered substantial acclaim from both critics and viewers since its premiere in November 2024. Colin Farrell and Cristin Milioti’s performances have been particularly celebrated, earning them multiple prestigious nominations and wins during the 2025 awards season.

Initial Reviews and Critiques

The Penguin quickly established itself as one of the most highly regarded superhero genre programs ever created. Critics praised the show’s gritty portrayal of Gotham’s criminal underworld and its character-driven storytelling. Colin Farrell’s transformation into Oz Cobb received particular attention, with reviewers highlighting his nuanced performance beneath extensive prosthetics.

The series earned widespread acclaim for its noir aesthetics and atmospheric cinematography that complemented The Batman’s visual style. Many critics noted how the show successfully expanded the cinematic universe while maintaining its own distinct identity.

Viewer response mirrored critical enthusiasm, with strong streaming numbers reported by HBO. The show managed the rare feat of satisfying both dedicated Batman fans and newcomers to the franchise with its accessible yet complex narrative.

Awards Nominations and Wins

Colin Farrell’s portrayal of Oswald “Oz” Cobb has dominated the awards circuit, earning him nominations at both the Golden Globes and SAG Awards for Outstanding Performance by a Male Actor in a Drama Series. He won the Golden Globe in January 2025, delivering a memorable acceptance speech that credited the makeup team for their transformative work.

Cristin Milioti also received significant recognition for her role as Sofia Falcone. Her performance earned her a SAG Award nomination for Outstanding Performance by a Female Actor in a Drama Series. The chemistry between Farrell and Milioti was frequently highlighted by awards committees.

The show’s technical achievements haven’t gone unnoticed either. The makeup team secured multiple industry awards for their remarkable work transforming Farrell into the Penguin. The series also garnered nominations for its writing, directing, and production design across various television awards.

Audience Reception

The Penguin has achieved remarkable success for HBO, setting new viewership records and generating substantial fan engagement since its premiere in late 2024.

Viewership Statistics

The Penguin has emerged as one of HBO’s biggest hits in recent years. According to viewership data, the series attracted an impressive 5.3 million U.S. viewers across all platforms following its September 19 debut. This figure surpasses several HBO heavyweights, including the final season premiere of Succession (4.9 million) and the second season premiere of The White Lotus (4.1 million).

The show’s popularity continued to build throughout its run. The finale episode reached a series high of 2.1 million viewers, demonstrating strong audience retention and growing interest. This upward trajectory in viewership is particularly noteworthy as many series experience declining numbers over their season.

The Batman spinoff also achieved the largest four-day audience for a new HBO series since The Last of Us premiered in January 2023. This accomplishment highlights the show’s ability to capture audience attention in a competitive streaming landscape.

Fan Reactions and Commentary

Viewers have responded enthusiastically to Colin Farrell’s portrayal of Oz Cobb. His performance has received particular praise for bringing depth and complexity to the character, with many fans citing his transformation as a highlight of the series.

The gritty, noir-inspired storytelling approach has resonated strongly with both Batman enthusiasts and newcomers to the franchise. Social media platforms have been filled with positive discussions about the show’s pacing, character development, and atmospheric worldbuilding.

The finale episode generated significant online conversation, with fans expressing satisfaction with the season’s conclusion while simultaneously expressing excitement about potential future developments. The strong reception has fueled speculation about a second season, with many viewers eager to see how the story might continue.

Marketing and Promotion

HBO has implemented several strategic initiatives to build anticipation for a potential second season of “The Penguin.” The marketing efforts leverage the show’s critical acclaim and Colin Farrell’s praised performance as Oz Cobb.

Social Media Campaigns

HBO Max has maintained an active social media presence for “The Penguin” following the season one finale in December 2024. The official accounts regularly share behind-the-scenes content and memorable clips to keep fans engaged.

A notable campaign featured interactive Twitter polls asking fans which characters they hope to see return if season two is greenlit. These polls generated significant engagement, with many viewers expressing interest in seeing more of Cristin Milioti’s Sofia Falcone.

The streaming platform also launched a “Gotham Underworld” TikTok series examining the criminal elements portrayed in the show. These short-form videos average 2-3 million views each, demonstrating continued audience interest in the DC TV show’s universe.

PR Events and Collaborations

Casey Bloys, HBO’s Chief Content Officer, has mentioned “The Penguin” at several industry events while discussing the network’s 2025-2026 slate. Though careful not to confirm a second season, Bloys has highlighted the show’s awards success.

HBO organized a special panel at New York Comic Con featuring Colin Farrell discussing his transformation into the character. The event drew substantial media coverage and fan attention.

A collaborative promotion with DC Comics launched in January 2025, featuring a limited comic series that bridges potential storylines between seasons. This partnership helps maintain interest while production decisions are finalized.

HBO also leveraged the show’s awards momentum by featuring “The Penguin” prominently in its 2025 sizzle reel, suggesting continued confidence in the property despite no official renewal announcement.

Industry Impact

The Penguin’s success has reshaped expectations for DC television spin-offs and established new standards for character-driven crime dramas within superhero universes. Colin Farrell’s transformative performance has particularly influenced how studios approach villain-centered narratives.

Influence on DC Cinematic Universe

The Penguin has become a cornerstone in DC Studios’ expanded universe strategy under Peter Safran’s leadership. The show’s critical acclaim and strong viewership have validated DC’s approach to creating character-focused spin-offs that complement their theatrical releases.

Industry analysts note that the series has influenced DC’s production slate for 2025-2026, with more villain-centric projects reportedly in development. The show’s mature tone and crime drama elements have particularly resonated with audiences seeking sophisticated storytelling within superhero frameworks.

HBO’s commitment to high production values for The Penguin has also raised the bar for superhero television. The show’s reported $15-20 million per episode budget signals DC Studios’ willingness to invest heavily in quality television content that expands their cinematic universe.

Comparison with Other DC Studios’ Releases

The Penguin has outperformed several recent DC television ventures in both critical reception and audience engagement. While shows like Peacemaker achieved strong viewership, The Penguin’s deeper character exploration and ties to Matt Reeves’ Batman universe have created stronger audience attachment.

Peter Safran and DC Studios have highlighted The Penguin as a model for future spin-offs that bridge theatrical releases. This approach contrasts with earlier DC television efforts that operated separately from film continuity.

The series has also demonstrated commercial viability for R-rated superhero content on streaming platforms. Nielsen data indicates The Penguin attracted a broader demographic than typical superhero content, reaching viewers who normally avoid the genre.

Industry insiders suggest the show’s success has influenced upcoming DC Studios’ projects like the rumored Gotham PD series and potential Arkham Asylum spin-off, both reportedly adopting similar crime drama elements and mature themes.

Behind The Scenes

The production of The Penguin has drawn significant attention from industry insiders and fans alike, with cast interviews and exclusive footage offering glimpses into the creative process. Dylan Clark, the show’s executive producer, has been instrumental in shaping the vision for potential future seasons.

Cast and Crew Interviews

Colin Farrell has been candid in recent interviews about his thoughts on returning for a second season. In a conversation with The Hollywood Reporter last month, he expressed enthusiasm for continuing the role but noted that no official green light had been given yet.

“The transformation process never gets easier,” Farrell revealed, referring to the extensive prosthetics required for his portrayal of Oz Cobb. “But the character has so many layers we haven’t explored yet.”

Executive producer Dylan Clark shared insights about the writing process during a panel discussion at an industry event in January 2025. He mentioned that Lauren LeFranc had “some compelling ideas” for continuing the story.

Jeff Sneider, known for his industry scoops, reported that writers were quietly developing story concepts despite no formal renewal announcement.

Exclusive Footage Release

HBO released a special behind-the-scenes documentary in early February 2025, showcasing the intricate production design and makeup work that went into creating Gotham City’s criminal underworld.

The footage revealed previously unseen concept art for several key locations that could potentially appear in a second season. Production designer James Chinlund discussed how they built upon the aesthetic established in The Batman while creating a distinct visual identity.

The documentary also featured fascinating time-lapse videos of Farrell’s makeup process, which typically took 3-4 hours each filming day.

According to sources cited by The Hollywood Reporter, HBO has filmed additional behind-the-scenes content that remains unreleased, possibly being saved for a season 2 announcement package.

Future Prospects

The future of The Penguin remains uncertain following its successful first season, with DC Studios yet to confirm plans for continuation. Several possibilities remain on the table for the franchise’s expansion within Matt Reeves’ Batman universe.

Potential Spin-Offs and Extensions

Despite The Penguin’s original conception as a limited series, its critical acclaim and viewership success have sparked discussions about potential continuation paths. HBO has not officially renewed the show for a second season as of February 2025. DC Studios CEOs James Gunn and Peter Safran have been noncommittal about the future, indicating they haven’t decided whether to proceed with another season.

The show’s connection to the wider Arkham universe presents intriguing possibilities. Matt Reeves’ Batman world continues to expand, with The Batman Part II in development, creating opportunities for character crossovers.

Colin Farrell’s acclaimed performance as Oz Cobb could potentially transition into other Gotham-centered stories. The character’s crime boss status positions him as a fixture in Gotham’s underworld, allowing for appearances in other DC properties.

Rumors and Speculations

Industry insiders have hinted that rather than a traditional second season, The Penguin might evolve into a different format. One persistent rumor suggests the character might feature prominently in an Arkham-focused miniseries, continuing the story while shifting the setting.

Another speculation centers on potential streaming platform strategies, with HBO possibly considering The Penguin as part of a rotating limited series approach that explores different Batman villains.

Some reports indicate creative discussions are underway about how to balance the miniseries format with audience demand for more content. The show’s awards success, including nominations for Farrell and Cristin Milioti, has increased pressure to find ways to continue the story.

Fan theories have emerged about potential storylines involving deeper connections to Batman’s rogues gallery, particularly focusing on Arkham’s notorious inmates making appearances should the series continue in some form.

Frequently Asked Questions

Fans of The Penguin are eager for information about a potential second season following the critically acclaimed first season that aired in late 2024. Many questions remain about the future of Colin Farrell’s portrayal of Oz Cobb in the Batman universe.

What is the release date for season 2 of The Penguin on HBO?

Currently, there is no official release date for a second season of The Penguin. According to recent reports, HBO has not yet ordered a second season of the show despite its critical acclaim and viewership success.

DC Studios CEOs Peter Safran and James Gunn have provided a somewhat discouraging update, indicating they aren’t certain about the show’s future. The original conception was for The Penguin to be a limited series that would bridge the gap between The Batman and its upcoming sequel.

Who are the new cast members joining season 2 of The Penguin?

No new cast members have been announced for a second season since the show hasn’t officially been renewed. The first season starred Colin Farrell as Oz Cobb/The Penguin and Cristin Milioti, both of whom received significant recognition during awards season for their performances.

Without an official renewal, casting discussions for a potential second season remain speculative. Any additions to the cast would likely depend on the direction of the storyline if HBO decides to continue the series.

How many episodes will there be in the second season of The Penguin series?

The number of episodes for a potential second season remains undetermined as the show has not been officially renewed. The first season consisted of eight episodes that concluded its story arc connecting to The Batman universe.

HBO would need to announce both a renewal and episode count before this information becomes available. The limited series format of the first season might influence the structure of any potential continuation.

Will there be any crossover events with The Batman in the upcoming season of The Penguin?

Crossover potential exists but remains unconfirmed. The Penguin serves as a spin-off of Matt Reeves’ 2022 film The Batman and is meant to connect to the upcoming sequel, The Batman – Part II, which is scheduled to begin filming in 2025.

Any second season would likely maintain connections to the broader Batman universe. The timing could potentially align with The Batman – Part II’s production, creating opportunities for story connections between the projects.

What plot developments can we expect from the second season of The Penguin?

Plot details for a potential second season remain unknown since the show hasn’t been renewed. The first season chronicled Oz Cobb’s rise in Gotham’s criminal underworld following the events of The Batman.

Any continuation would likely follow Oz’s further evolution into the iconic Batman villain. Colin Farrell has indicated he would consider returning under certain conditions, suggesting there may be creative discussions about where the character could go next.

Has The Penguin been renewed for additional seasons beyond the second?

The Penguin has not been renewed for a second season, let alone seasons beyond that. The series was originally conceived as a limited series with a contained story arc bridging the gap between Batman films.

Despite the show’s success with both critics and viewers, HBO and DC Studios executives have been noncommittal about its future. Any discussions about multiple additional seasons would be premature without an official renewal announcement for even a second season.