They have a contract for the 30th season in 2020 and that'll likely be their last.
I've watched it off and on every season. Each episode I watch gets a chuckle or two but it's definitely not as good as it used to be. That could be as due to the changing landscape of comedy. The Simpsons has always been pretty clean and the audience that loved it as teens/young adults are now in their 40s/50s.
Similar to SNL, I think the Simpsons has been getting a "historical pass" for a while.
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