Update (6/10 at 1pm): It's now official! Nashville is confirmed to be picked up by CMT for its fifth season, which will have 22 episodes. Brian Philips, the president of CMT, said in a statement:
“CMT heard the fans. The wave of love and appreciation they have unleashed for ‘Nashville’ has been overwhelming. ‘Nashville’ is a perfect addition to our evolving lineup of big music specials, documentaries and original series. We see our fans and ourselves in this show and we will treasure it like no other network. ‘Nashville’ belongs on CMT.”
Kevin Beggs, chairman of the Lionsgate Television Group, also commented on the show's streaming on Hulu:
“CMT and Hulu are the perfect combination for our iconic and beloved series Nashville and we want to thank the incredible fans for their unwavering support – #Nashies, you helped make this possible. We also want to extend our appreciation to the State of Tennessee, City of Nashville, and Ryman Hospitality for their unending support. They have been a key ingredient to the continued success of this show and we’re thrilled to extend our partnership for a fifth season.”
Original Story (6/8 at 2pm): When it was reported that ABC was canceling Nashville in May, the internet stirred. The show started to trend on Twitter, with fans decrying its sudden demise after only four seasons. But those keyboard warriors can rest easy: Variety reports that the show has found a possible new home on CMT, a.k.a. Country Music Television. This comes after five networks had tried to buy the fan favorite, according to production house Lionsgate Television.
Variety notes that Nashville's ratings—6.7 million viewers overall in Nielsen’s “live plus-7” estimates—were slumping by ABC's standards, but that CMT would be happy to absorb them. Although the CMT deal isn't official yet, all signs indicate Nashville enjoying a long life once it does find a permanent residence.
On a call last month with reporters, Lionsgate’s head of TV, Kevin Beggs said: “These kinds of shows can go forever and ever—obviously that’s our hope and expectation, but we’ve got to do it one season at a time."