Magnum P.I. Season 5 Release Date, Spoilers & Update: Change Of Network Rumors Spark New Hope For Renewal

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All hope is not lost for Magnum P.I. Season 5. Despite maintaining high ratings for four years, the series was canceled on May 12 due to complicated talks between CBS Studios and co-producing firm Universal Television.

But now, there’s a new report that the series could still be renewed but on a different channel.

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Magnum P.I. Season 5 looking for new home

According to Deadline, Universal Television has started exploring new homes for Magnum P.I. Season 5. While Paramount+ has been mentioned, the article indicates that USA and NBC are in talks to make Season 5.

There have been no negotiations between NBCUniversal and Paramount Global, and the series' SVOD library rights are still being worked out.

This isn't the first time a Universal Television brand has saved a fan-favorite series; NBC picked up Brooklyn 99 after Fox canceled it in 2018.

While the show's abrupt closure may have disappointed fans, it appears like it will be revived. It will be intriguing to watch where Magnum P.I. Season 5 goes next, depending on whether a new arrangement with CBS Studios can be reached.

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What Magnum P.I. is all about

The show, created by Peter M. Lenkov and Eric Guggenheim, is a revival of the iconic 1980s television series of the same name, featuring former Navy SEAL Thomas Magnum, who utilizes his abilities to become a private investigator in Hawaii after returning from Afghanistan.

Jay Hernandez, Perdita Weeks, Zachary Knighton, Amy Hill, and Tim Kang star in the show. Even when CBS dismissed Lenkov before the third season, it was a relative hit when it premiered in 2018.

Magnum's fourth season averaged 7.3 million total viewers and a 0.7 demo rating (with Live+7 playback), just a smidgeon down than its third season (7.5 mil/0.8). Both CSI: Vegas (6.8 mil/0.8) and S.W.A.T. (6.5 mil/0.8), which earned fewer audiences, were renewed by CBS out of the 14 dramas it aired this past TV season.

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