Image Credit: CBSCBS announced today that it has renewed The Talk for the 2011-12 season. Hosted by Julie Chen, Sara Gilbert, Sharon Osbourne, Leah Remini and Holly Robinson Peete, The Talk delivered season-high audiences for the last two weeks.

“After only a few months on the air, The Talk has delivered creative and ratings growth and established a strong profile in daytime,” said Nina Tassler, President, CBS Entertainment, in a statement. “The co-hosts have clicked together, the topics have connected with the audience and the show has added a new dimension to our top-rated daytime line-up. We’re excited about its current success and the potential to grow and evolve The Talk even further.”

Since its premiere in October when it replaced As the World Turns, The Talk has averaged 2.21 million viewers, a 1.1 rating/6 share in women 25-54 and a 0.8/5 in women 18-49. It delivered season-high weekly audiences during the week of Jan. 7 (2.34 million) and Jan. 14 (2.40 million), while also matching season-highs in key women demographics.