The renewal of the show, which stars Bella Thorne, was announced on Facebook Live with the cast, reported Deadline.
"Famous In Love" is based on Rebecca Serle's novel of the same name and has been created by I Marlene King, the maker of "Pretty Little Liars".
Thorne features as Paige, a college student who lands a starring role in a Hollywood blockbuster.
The cast also includes Carter Jenkins, Charlie Depew, Georgie Flores, Niki Koss, Pepi Sonuga, Keith Powers and Perrey Reeves.
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