Magnum P.I. has been saved. It came down to the wire but a deal just closed for NBC to order 20 new episodes of the action drama starring Jay Hernandez following its cancellation by CBS last month, I have learned. I hear the 20 episodes will be split into two seasons, bringing the reboot’s run to 96 episodes, with an option for more.
Source:
Thanks to LM for the heads up.
Has Magnum PI been renewed for a 5th Season?
Production Weekly is reporting that Production for a 5th Season is in Active Development.
This is by no means confirmation but it's fairly uncommon for there to be a Production Weekly entry without it coming true.