Good News: Fox has given early 2011-12 season picks ups to J.J. Abrams ALCATRAZ, Hart Hanson’s BONES spin-off THE FINDER and the Zooey Deschanel comedy starrer THE NEW GIRL. Bad News: At the expense of TRAFFIC LIGHT, BREAKING IN, THE CHICAGO CODE, LIE TO ME and HUMAN TARGET, all of which were just canceled by Fox after low-rated freshman and sophomore seasons respectively. [Source]
Good News: TNT is thisclose to officially picking up FALLING SKIES for a second season. Bad News: Due to the non-traditional June go-ahead, new showrunner Remi Aubuchon will have to assemble an entirely new writing staff. [Source]
Good News: After months of heated negotiations, Fox and NBC Universal have reached an agreement for another season of HOUSE. Bad News: According to reports, it will likely be its eighth and final season. [Source] 
