From the press release:
“... I’d hate to know the date of my own last day on earth, but I’m delighted to know what Walter White’s will be (episodically speaking)... It’s knowledge which will allow us to properly build our story to a satisfying conclusion. Now, if we don’t manage to pull that off, we’ve got no one to blame but ourselves. Breaking Bad has been a dream job these past four years. Working with the best cast and crew in television has no doubt spoiled me for future projects. I’m lucky to get to work with them on sixteen more episodes, and I will always be grateful to both AMC and Sony Television, who from the beginning, believed in our show and supported me creatively and professionally. We have been able to take risks with Breaking Bad which would not have been possible on other networks.”
I only just started watching the series, after all the conversation that Giancarlo Esposito's performance in the season's premiere episode stirred up last month, helping to give the series its highest ratings ever! Naturally, I had to tune in to see what the fuss was all about, and being a fan of the thespian.
So, the deal is 16 more episodes of Breaking Bad after the current season, and the story ends after that. So, at 13 episodes per season, that means the series will get what looks like 1 more season before AMC says goodbye to it.