ABC News’ Jessica Hopper and Eileen Murphy report:

“The Simpsons,” the longest running scripted series on television, has been renewed for seasons 24 and 25, according to Fox.

“In the words of Homer Simpson, ‘Woo Hoo! I outlasted Andy Rooney!’” read a news release by Fox announcing the renewal Friday night.

The news comes after the animated series’ voice actors were asked to take a 45 percent pay cut.

 "The Simpsons" characters are shown in this file photo. (image Credit: AP)

The actors, including Dan Castellaneta (Homer), Julie Kavner (Marge), Nancy Cartwright (Bart), Yeardley Smith (Lisa), Hank Azaria (Moe the bartender, Chief Wiggum and Apu) and Harry Shearer (Mr. Burns and Ned Flanders), agreed to a 30 percent pay cut in exchange for a portion of the show’s “back end” profits, which include licensing, merchandising and syndication, but network executives rejected that offer.

The cast has agreed to a reduction in the $400,000 per episode that they currently earn, but it’s not 45 percent, according to The Hollywood Reporter.  Fox’s demand would have reduced each cast member’s per-episode take to $250,000 per episode.

Before the renewal Friday, Harry Shearer released a statement saying that he would take a cut of as much as 70 percent in salary if he were given a piece of the show’s back end.

The new deal reportedly does not include any such agreement.

Nancy Cartwright said in a statement on Friday that she wanted to see the show continue, stating, “‘The Simpsons’ is a remarkable chronicle of our times.  I’ve wanted to do this since I was 16!  And I want to keep doing it until I am 86!  Long live the Simpsons!”

ABC News’ Chris Connelly contributed to this report.