Maybe this news is not a surprise, but it is exciting as FX has officially renewed ‘American Horror Story’ for a third season and will be bringing back Jessica Lange for his third outing!

The second season of ‘AHS,’ dubbed ‘American Horror Story: Asylum’ has been a formidable force in its Wednesday night 10pm time slot and is ranked number one in FX history among women 19-49 and tied at the top for males 18-34. Each week the ratings have increased with the latest episode topping all network broadcasts in that same time slot and showing double digit increases over last year’s season. Averaging 5.2 million viewers, it’s no wonder FX has decided to renew the series.

Following the same format as in Season 2, ‘American Horror Story 3’ will feature a new story, location and cast of characters. Several actors in this year’s season will be returning but the only one that has officially signed on for certain is Jessica Lange.

Lange has won the Supporting Actress category for the Golden Globe and Emmy awards for her role as Constance Langdon in the first season of the series and will no doubt be a contender in this year’s award ceremonies. According to FX, she will be moving up to the Lead Actress category in those same awards this year.

In a press release announcing the renewal, FX president and GM John Landgraf commented:

“With American Horror Story: Asylum, Ryan and Brad have raised the bar in every way from Murder House, the first American Horror Story miniseries. And their original idea — the notion of doing an anthological series of miniseries with a repertory cast — has proven groundbreaking, wildly successful and will prove to be trendsetting.   We can’t wait to see what deviously brilliant ideas they come up with for their third miniseries.”

‘American Horror Story: Asylum’ continues to be one of the most talked about shows on television on the social media according to Bluefin Labs Social Media group and has proven that Murphy’s idea of an anthology series been embraced by the TV audiences.

“The American Horror Story anthology is a labor of love for all of us and we could not be prouder of the work our brilliant company of actors and everyone on the production team is doing this year,” Murphy said. “To John and our friends at FX and Dana Walden and Gary Newman at 20th, we thank you for your vote of confidence — and to our loyal audience, keep watching!”

A new title for the third installment, which will return in the fall of 2013, has yet to be revealed, but if it’s anything like last season, keep a keen eye on the upcoming episodes as Murphy may sneak in a hint about the third season like he did for season 2.

The finale for ‘American Horror Story: Asylum’ is slated to air on January, 23, 2013 with production on ‘American Horror Story 3’ to being in the summer.