Chris Albrecht, the CEO of Starz, says the cable channel hasn’t made a decision about the fate of Magic City yet.

At the TCA Summer Press Tour, he said, “Our policy process is one or two seasons of a show to really get behind something if we like the work… We have a couple of little surprises in our pocket in store, so I can’t reveal too much other than you’ll have the answer to your question soon.”

Magic City hasn’t grown it’s small audience in season two and has been performing the same as season one, drawing 430,000 viewers for each episode’s initial airing. That’s less than half of what the Spartacus series drew (1.0 million) and only a bit better than Boss (360,000) which was cancelled after two seasons.

It’s difficult to judge what Starz will do but it’s hard to imagine that they see Magic City’s small viewership as a success.

We also know that they have four new shows in the pipeline and have already renewed one of them — Black Sails — for a second season some six months before the show’s debut.

I suspect that they may cancel Magic City and hope that their new shows will perform as well or better.

UPDATE: Starz has cancelled Magic City after two seasons.

What do you think? Should Starz renew Magic City for a third season? Is the show worth watching?