'The Simpsons' renewed for two more seasons

Don't worry, "Simpsons" fans - the longest-running comedy in TV history is coming back for at least two more seasons.

News has been swirling about a possible of cancelation of "The Simpsons" due to budget concerns, but apparently the cast has agreed to a pay cut, as FOX has officially announced two more seasons of the animated program.

Season 24 and 25 will see the show broadcast a historical 500th episode. By the time Season 25 has aired, the episode total will be up to 559. The show will return for all-new episodes on Sunday, Oct. 30 with the annual "Treehouse of Horror" episode.

In "Treehouse" XXII, Homer takes a dangerous dive into an isolated canyon on Candy Peak, which will feature venomous spider bites, a cold-blooded vigilante and an "Avatar" send-up for Bart and Milhouse.

"The Simpsons" airs Sunday nights at 8 p.m. ET/PT on FOX.