According to THR, the series will be back with a new story of 10 episodes, and it will have an all-new cast of characters and take place during a new time period.
FX CEO John Landgraf had this to say in regards to Noah Hawley’s anthology series:
“We could not be more proud of Fargo. Noah’s audacious, bordering on hubristic riff on my favorite Coen brothers film earned 18 Emmy nominations — the most for a single program in our history. Fargo was nothing short of breathtaking, and we look forward to the next installment.”
The plan is to reboot the series every season the same way that the horror anthology series American Horror Story works. Season 2 will most likely premiere in the fall of 2015.
The new season will be set in 1979 and will follow a younger version of Lou Solverson, the character played by Keith Carradine in the first season, as he returns from the Vietnam War.
Executive ProduceNoah Hawley had this to say:
“It gets hard to look past the actors. I like the idea that the character comes first and the actors are able to disappear into the role… That time period is really interesting in American history; post-Vietnam, post-Watergate, just before Ronald Reagan became President.”
Word of recommendation if you haven’t seen the show yet, Well you should it’s awesome.