Expected, even though entirely inexplicable by every alleged business principle. Everyone remember this the next time somebody says it's all about the ratings.
Any rational theories as to why this ratings bomb was renewed?
Haven't most people noticed the show is yet another example of how the open-ended serial form fails?
Dare I suggest that's why the show has lost enough audience to suggest that it is being generous to call it a cult favorite, since cult does imply enough people to make a congregation? The show's ratings have dropped enough that the Fringe cult is rather less popular than Scientology, relatively speaking. It's more in the Aetherian Society range.