After much discussion over the past few days, word just came down that FOX has indeed renewed their Batman prequel series Gotham for a 5th season, which will be the final season.
A statement from the producers about the renewal reads:
"The fifth and final season will wrap up this unique origin story of the great DC Comics Super-villains and vigilantes, which revealed an entirely new chapter that has never been told."
This news comes amid much armchair expertise offered as to why FOX was nixing most of their genre programming for the upcoming season- reasons included sportsball (like the 5 year NFL deal and the MLB post-season games) and Tim Allen's canceled series Last Man Standing being picked up for a season.
Gotham has struggled, but eventually did find a pretty good rhythm which Batman fans new and old have accepted as part of the saga of Bruce Wayne.