This weekend is GIJoeCon in Orlando, Florida. The Terrordrome is live tweeting from the Renegades panel and has reported that GI Joe Renegades will indeed end after just one season. This confirms the fears of fans who have been dreading the end of the series after it was announced the show would be going on hiatus after the first season. The show will essentially end before the toys ever make it to store shelves. Most unfortunate for everyone involved. On the bright side, a question asked during the Q&A confirmed that Renegades will have a DVD release.

A new GI Joe animated series will come out in 2012 based on the GI Joe 2 movie.

JoeCon 2011: Renegades Panel – Renegades on hiatus for GI Joe 2. But GI Joe animation will return, didn’t say Renegades will return though.

JoeCon 2011: Renegades Panel – They just keep saying “animation”, not “Renegades”, so probably not returning as Renegades.

JoeCon 2011: Renegades Panel – To add on to previous statement, it is all “industry talk” and Renegades is done after Season 1.

JoeCon 2011: Renegades Panel – Look for a new series based off of GI Joe 2 in 2012.

JoeCon 2011: Renegades Panel – Ok, Renegades is done, but when the “animation” returns, it will look the same, same characters…

JoeCon 2011: Renegades Panel – …but will be more closer to GI Joe 2 in story. So same look, but farther along story than Renegades is now.

Thanks to the Terrordrome for keeping us up to date on this news.