TVLine Reports On Superman And Lois Renewal - “We are thrilled to bring Superman & Lois back to The CW,” network president Brad Schwartz said in a statement

“We are thrilled to bring Superman & Lois back to The CW,” network president Brad Schwartz said in a statement, on the heels of also renewing All American: Homecoming. “These series are two of our strongest performers across our linear and digital platforms with some of the most passionate fanbases in all of television. We are grateful to our partners at Warner Bros. Television and Berlanti Productions for their continued collaboration, and we cannot wait to get started on the new seasons.”

Unfortunately, the fourth season’s limited episode order isn’t the only caveat to Superman & Lois‘ renewal. Significant budget cuts were made in order to keep the show afloat, with our sister site Deadline reporting that the CW drama is likely reducing its total number of series regulars.

Speaking with TVLine last month, Schwartz promised an “amazing” ending to Superman & Lois‘ third season, which wraps on June 27 (8/7c). “You’ve got some Lex Luthor in there. I don’t want to give any spoilers, but the end of the season is great — and it’s got a bit of a cliffhanger.”

Season to date, Superman & Lois is averaging 1.2 million total viewers and a 0.2 demo rating (with Live+7 playback), down 25 and 30 percent from its Season 2 numbers. Out of the 13 dramas that The CW has aired this TV Season, it ranks No. 2 in audience (trailing only Walker) and is in a five-way tie for second in the demo (behind All American).

Budget cuts are coming but we knew that would happen if the show got renewed. S1-3 was paid for almost completely by CW and CW doesn't have the money any more and/or doesn't want to spend on scripted content anymore.

One of the budget cuts that many are suggesting is a reduction of regular cast members. Probably numerous of them will be shifted to recurring reducing their per episode pay and overall cost.

The main regular cast is:

Tyler Hoechlin as Clark Kent/Superman, Bitsie Tulloch as Lois Lane, Alex Garfin as Jordan Kent, Michael Bishop as Jonathan Kent, Emmanuelle Chriqui as Lana Lang, Erik Valdez as Kyle Cushing, Inde Navarrette as Sarah Cortez, Wolé Parks as John Henry Irons, Tayler Buck as Natalie Irons, Sofia Hasmik as Chrissy Beppo and Dylan Walsh as Sam Lane.

The article also lists Chad L. Coleman as Bruno Mannheim as a regular but I don't think he counts anymore.

So we will be seeing less of some of them but we get Season 4.