Reports of an Empire spinoff are somewhat exaggerated, according to showrunner Ilene Chaiken.
However, while the immediate focus remains on Empire, which is expected to be renewed for a third season in the weeks ahead, Chaiken admits that the hip-hop drama could eventually extend into another series, per Variety:
Right now, we are focused on making the best season two of Empire we can possibly make. In our world, there may well be storylines and characters that we can spin off, but that’s not what we are focused on right now, and nothing official or concrete is happening with regards to it. We really just want to stay focused on what we’re doing.”