It's times like these that having Observers in our world would be really handy. One way or the other, looking into the future would put a lot of fans' fears at ease, now that "Fringe" faces the very serious threat of cancellation following its currently airing fourth season.

At the Television Critics Association press tour earlier this month, Fox president Kevin Reilly confessed that the network loses "a lot of money on the show," and that Fox is "not in the business of losing money." Worrying comments indeed, so much so that members of the show's cast — including Joshua Jackson, who plays Peter Bishop — are preparing for the inevitable end.

"My gut says that the head of Fox doesn't go on national television and says 'I'm not in the business of losing money' as a joke," Jackson laughed while speaking with MTV News at the Sundance Film Festival.

Jackson, who's in Park City for his new movie "Lay the Favorite," believes that "Fringe" is just as strong quality-wise as it's ever been. But with the series in the midst of its all-time lowest ratings, the actor admitted that "Fringe" is now "in that awkward place of being on the bubble — or under the bubble, as the case might be."

But all hope is not lost, according to Jackson.

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Fringe

Peter Bishop has it pretty easy. Well, actually, it's Joshua Jackson that has it pretty easy. You see, he's the only guy on "Fringe" who doesn't have to play like a million different versions of his character on the show.

And he's not complaining.

"I mean, I can see the fun that everyone's having with their doppelgangers. But I'm not gonna lie, the extra six weeks off this summer was pretty awesome," he joked in an interview with MTV News. "So, while I was sitting there on vacation, I was not thinking to myself, 'Gosh, I wish I was having a conversation with myself right now as a different version of me.' It seems like it would be fun once and then a bit of a pain in the ass after that, so I'm not terribly jealous."

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As Peter Bishop tries to work back into the fold on "Fringe," he's now struggling to figure out how to act around the people he used to know and love. The two relationships he's having the hardest time with are the ones with his mad scientist dad, Walter, and his detective lady love, Olivia. Joshua Jackson explained to us how he thinks it's all going to shake out on "Fringe."

"I think Peter went on an interesting journey for the first three years," Jackson told MTV News during a phone interview recently. "We meet him, he doesn’t want to be there, he doesn’t like his father, this crazy blond girl keeps on trying to rope him into ridiculous things that he doesn’t want to be a part of and he's basically just begging for an exit strategy. He just wants to get out of there."

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Out of nowhere, Peter Bishop has been dropped back into the "Fringe"-verse, much to the delight of the show's fans. Without giving away too much, this week's episode, "Novation," sees the back-to-life Bishop struggling to return to the fold that he was once the center of. As he works to convince his girl, Olivia, his dad, Walter, and everyone else for that matter that he's actually Peter Bishop, Walter's deceased son, fans are also trying to figure out just what the deal with Peter is these days.

"He comes back to a pretty bad situation here," Joshua Jackson told MTV News this week about Friday's episode. "One: he's completely confused because the time that you have spent in season four with the characters, for him happened in one second. So the whole thing has to be explained to him. But then he gets dropped out of his world and brought back and all of sudden it's 'ut-oh, it's not good.' It's a bad, anti-'It's A Wonderful Life.'"

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"Fringe" has literally entered a new era with its currently airing fourth season. Following the explosive events of the season three finale, Peter Bishop (Joshua Jackson) has been erased from existence. The result: a brand new timeline for Olivia Dunham (Anna Torv) and the rest of her colleagues, one in which Peter — both the one from our universe and the one from over there — never survived to adulthood.

Torv stopped by MTV News earlier in the week to talk about the new season of "Fringe," and we asked her to tease what's going down in tonight's fourth episode, titled "Subject 9." Though she initially had some trouble dropping hints — "I'm just such a bad tease," she laughed — she did offer a very tantalizing clue regarding how Olivia's past has changed in light of this new continuity.

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For someone who doesn't exist, Peter Bishop sure is getting a lot of attention.

"Fringe," the breathtaking Fox series currently in its fourth year on television, is well known for taking bizarre risks and asking viewers to come along for the ride… but erasing one of the show's most important characters — Joshua Jackson's skeptic young genius Peter Bishop — completely from existence? That's a gigantic gamble, even for this show.

When Anna Torv, who stars in the series as brilliant FBI agent Olivia Dunham, stopped by MTV News this week to talk about the current season of "Fringe," we asked her the most important question of all: what is life like in a world without Peter Bishop?

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Oh, Peter Bishop! What will the world be like without you in it! Well, "Fringe" fans will certainly get a taste of it when the show kicks off its new season on September 23. But Joshua Jackson is hoping that his character's season-ending disappearing act doesn't last too long, or he might be out of a job.

"Right now we have this massive, cool cliffhanger," he recalled to MTV News at Comic-Con. "At the end of the season is that this character, my character, not only dies [but] like when we want to 'X' somebody out on 'Fringe,' you’ve got to erase them from all of time. [So he] not only dies, he had never existed."

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It's a safe bet that J.J. Abrams is always working on something, whether it's a new movie, TV show, comic book, grilled cheese recipe, etc. Now word comes in of another top-secret project between Abrams and frequent collaborators Monica Breen and Alison Schapker on a new film involving "swashbuckling robots with swords" called "Zanbato." Sounds like the Thanksgiving hangover I never woke up from, but I digress.

Deadline has the news, though details are scarce beyond that bizarre but alluring premise. "Zanbato" marks the fourth collaboration between Abrams and the Breen/Schapker team, who previously wrote for "Alias," "Lost" and "Fringe." Deadline points out that female writing teams in sci-fi are rare, but you wouldn't believe it by checking their resume -- Breen and Schapker kicked out some of those shows' most compelling and shocking material.

We don't know what the new project will fully entail, but their past work on those shows -- which we're detailing past the jump -- gives us a whole lot of confidence.

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Blake LivelyWith Jennifer Lawrence signed to "The Hunger Games," Blake Lively is ready to get savage.

Lawrence's departure from Oliver Stone's latest, "Savages," has opened the door for hot young Hollywood actresses from Olivia Wilde to Teresa Palmer to land the lead role, but now Variety has the news that Stone wants Lively to play main female character Ophelia. That's all well and good, except The Playlist has the news that she's also looking to join Mila Kunis and James Franco in "Oz: The Great and Powerful," so nothing is set in stone yet.

After the jump, Michael Shannon talks his casting as General Zod in "Superman," a main "American Pie" actress returns for their "Reunion" and Alec Baldwin and Jesse Eisenberg could be headed towards Woody Allen's latest.

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FringeAfter a midseason move from Thursday to Friday nights, fans of Fox's critically acclaimed but criminally under-viewed "Fringe" were understandably worried about the fate of the show. But ratings have held strong in its move to a time slot that's traditionally viewed as a death sentence, so much so that "Fringe" is now officially coming back for a 22-episode fourth season.

This is very good news, in case you were wondering, and after the jump, we're sharing the top five reasons that the "Fringe" renewal is putting a smile on our faces.

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