The CW is looking to stay in business with the Carrington family and has gifted them with a full season order for Dynasty Season 1.
The series is a reboot of the popular 1980s drama series of the same name that followed the same trials and tribulations of the same family all those years ago.
The new iteration stars Elizabeth Gillies, Nathalie Kelley, James Mackay, Robert Christopher Riley, Sam Adegoke, Rafael de la Fuente, Alan Dale and Grant Show.
The series launched last month with 1.3 million viewers and a 0.3 rating among adults 18-49. It has since fallen to 0.7 million viewers and a 0.2 rating, but when live + 3 ratings are factored in the show gets a decent lift.
Reviews for the reboot have been mostly negative, but the show has a lucrative streaming deal with Netflix that means it is distributed in every other territory that is not the United States on the streaming platform.
Episodes go up just hours after they air on The CW, so it's kind of a big deal. CW boss Mark Pedowitz confirmed that Dynasty was making a profit for the network before it even hit the air thanks to the deal.
The network also has a similar deal with Riverdale, which returned last month to record ratings.
With the excellent news for Dynasty comes terrible news for Valor. The network has decided against ordering additional episodes and Valor Season 1 has been capped at 13 episodes.
Valor is rating slightly better than Dynasty and is averaging 1 million viewers and a 0.2 rating in live + same day metrics.
Unfortunately, Valor does not have the same Netflix deal that Dynasty has, so that is likely the reason for the lack of back order.
The network stresses that Valor is not canceled and that a decision will come in 2018 about ordering an additional season.
For comparison purposes, The CW did not renew any of its fall freshman shows from the 2016-2017 season.
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Paul Dailly is a staff writer for TV Fanatic. Follow him on Twitter.