'Very good news' for Torchwood fans!

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Dec 14, 2012, 4:09 PM EST

If you watched Torchwood's last season, the Children of Earth miniseries, it felt a lot like the end of the whole thing.

Well, that may not be the case, TV Guide reported (mild spoilers ahead):

Torchwood might not have concluded its run at the end of the thrilling miniseries Children of Earth after all—Ianto's tragic death not withstanding. The new year could bring some "very good news" for fans of the sexy sci-fi series, creator Russell T. Davies tells TV Guide Magazine.

"The recession has hit British television, but fingers crossed, it will be a go. We expect things to start to move in January. We've got great ideas for the show. I think there's a further lease on life for many years to come, but certainly for a [fourth season]," Davies says.

No word on when or where we'd likely see this new season of the Doctor Who spinoff, who might return or how long it might run, but any news is good news, right?