Biggest event for sci-fi, superheroes and comic book lovers, Comic-Con, will continue to hold its annual convention at its home in San Diego for at least another four years. On Monday, October 29, San Diego Mayor Jerry Sanders confirmed the good news that the Comic-Con organizers have extended its contract with the Californian city through 2016.

The annual event has turned San Diego's Gaslamp Quarter "into a kind of high-tech 'Twilight Zone', with some of the best people-watching you'll ever see," Mayor Sanders said during the Monday conference, which was attended by Comic-Con organizers and city officials. The original contract was set to expire in 2015.

Comic-Con spokesperson David Glanzer added, "We were born in San Diego, so our hope is to stay here." He went on, "But first and foremost, we have to look at the ability to put on a successful show and meet the needs of the people who attend the show."

The pop-culture convention was established in the city back in 1970 and it became very popular over the past four decades. According to Sanders, the event drew 130,000 visitors from across the globe and it also contributed more than $180 million to the San Diego economy. With the big success, the city officials approved a $520 million expansion for the San Diego Convention Center, where the event usually took place.