Good news for fans of the Looney Tunes Show. A few weeks ago, Cartoon Network released it's list of returning shows for the 2013-2014 season and The Looney Tunes Show is on it! Meaning we will almost certainly be getting a third season!
Here's a link to the press release:
Update: Well I guess I spoke too soon. Apparently the Looney Tunes Show is going to call it quits after 52 episodes. It looks like reruns will continue to air on Cartoon Network, but we won't be getting any new episodes after Season 2 ends. See the the comments below for sources.