Warner Bros. is capitalizing on the success of The Batman at the global box office, using the Matt Reeves film as a springboard for spin-off TV shows. Although we have known for a while that Matt Reeves was working on a Penguin-centric spin-off, The Penguin, HBO Max has made the show official.
Despite Penguin's stature as one of Batman's most iconic enemies, Oswald Cobblepot hasn't always had the best big-screen outings. The most recent actor to portray the eccentric criminal mastermind before Colin Farrell was Danny DeVito in 1992's Batman Returns. But, with Farrell effectively capturing the essence of the character in The Batman, it's only natural that HBO Max gives the series the green light after spending a significant amount of time in development.
Unfortunately, the official announcement of The Penguin did not come with other useful information, such as the plot or a release window.
Having said that, fans shouldn't get their hopes up about The Penguin spanning multiple seasons. HBO Max specifically noted that The Penguin will be a limited series, suggesting that it will only run for a few episodes and one season before wrapping things up. The good news here is that HBO Max could use The Penguin to gauge interest in other characters that are part of The Batman mythos.