'Key & Peele' Renewed for Third Season at Comedy Central

Key & Peele

Comedy Central is staying in business with Keegan-Michael Key and Jordan Peele.

our editor recommends

'Key & Peele' Stars Recall Witnessing Obama Fake His Own Poisoning Death

Emmys 2012: 'SNL' Faces Stiff Competition From 'Portlandia', 'Key & Peele'

'Key & Peele' Premiere is Comedy Central's Biggest Since 2009, 'Tosh.0' Improves With Men

TCA: Comedy Central Lets Everything Fly on Sketch Show 'Key & Peele'

The cable network announced Tuesday that it has renewed sketch comedy series Key & Peele for a third season of 13 episodes set for fall 2013.

"Since Obama won re-election, it only seems fair that we would give Key & Peele another season," Comedy Central head of original programming and production Kent Alterman said.

The duo, who recently visited with fan President Obama -- whom they regularly impersonate on the series -- recently took home the breakout comedy stars of the year award at the Montreal Just For Laughs festival.

"We are so thrilled about the pickup and want to thank Comedy Central for four more years!” said Key and Peele.  “Oh wait, what’s that? One more year? Oh … OK, that will work too.”

The series is created by Key and Peele and executive produced by Key, Peele, Ian Roberts, Jay Martel and Joel Zadak.

The season finale of Key & Peele airs Wednesday on Comedy Central.

Email: Lesley.Goldberg@thr.com; Twitter: @Snoodit