"Ponies" Canceled at Peacock After 1 Season

The Cold War is over — again. Peacock has opted not to renew its 1970s espionage thriller Ponies, starring Emilia Clarke and Haley Lu Richardson, for a second season.

The decision comes five months after the period comedy-drama premiered on Jan. 15. It does not come as a surprise — while the series drew acclaim with 94% on Rotten Tomatoes from critics and also scored well with regular viewers (83%), ultimately there weren't enough people watching to justify a renewal.

Ponies can still end its run on a high note with major nominations as the show and its stars are considered solid contenders in the comedy categories at the 2026 Emmys, the voting for which ended yesterday. (The series just won the BetaSeries Public Prize at the 65th Monte-Carlo Television Festival and Richardson received a Gotham Television Awards nomination earlier this year.)

The series, co-created and executive produced by David Iserson and Susanna Fogel who spent seven years on it, ended on several cliffhangers, leaving many loose ends that now won't be tied up. They include Bea and Twila being held at gunpoint by the KGB in the final seconds of the finale, Bea's presumed dead husband Chris making a surprise return, the Moscow U.S. Embassy being breached by Soviet intelligence and Bea's asset/budding love interest Sasha getting gravely wounded, with his fate in limbo.

In a Q&A with Deadline at the time of the series' release, Iserson and Fogel addressed the shocking developments in the finale and gave some hints where they were planning to take the series in Season 2.

"Bea and Twila have come so far and learned so much from each other by the end of Season 1, Season 2 will be about them having to put those skills to use when the stakes are so much higher", Iserson and Fogel told Deadline back then. "The political crisis created by the events of the finale has thrown everything into chaos."

In his reaction to the cancellation, Iserson called Ponies "a bold, surprising, stylish television show".

He put a positive spin on the experience.

"I still believe that trying to make the kind of thing that is hard to make in this business – for us, a period show with two female leads and an unusual tone – is worth it", Iserson wrote on IG. "Goodbye to Bea and Twila for now. I hope we all get to visit them again.