Channel 4's weekly topical comedy show is close to being recommissioned along with its usual presenters Charlie Brooker, Jimmy Carr, Lauren Laverne and David Mitchell, according to Broadcast Now.
"The weekly live comedy is on the brink of being commissioned with discussions with all the major talent taking place," the website reports.
"Charlie Brooker, David Mitchell, Lauren Laverne and Jimmy Carr are all understood to be returning to the show."
The second series of the show aired in February to April for a reduced 10-episode run on Wednesday evenings.
The show saw a number of changes from its first series, and managed to secure an increase of 883,000 to 997,000 viewers an episode.
Further alterations to the format of the show may be installed for the third series, says the report.
"Changes to the format are still being ironed out and it is not clear whether the third series will feature the same number of episodes as previous series," the site claims.
Carr has recently made the news due to revelations about his tax avoidance practices.
Prime Minister David Cameron has described Carr's tax dealings as "morally wrong".
