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Penelope Mountbatten Hapsburg Hohenzollern Mulan-Pocahontas, more commonly known as Princess Penelope, is a television personality and singer. She was a new addition on The Krusty the Clown Show to get more female viewers.

Penelope Mountbatten-Hohenzollern-Mulan-Pocahontas lived in Mineola, Long Island as a kid. She was a fan of The Krusty the Clown Show at the age of twelve and fell in love with Krusty. Penelope had a Krusty Klub ring and membership card, which she kept into her adult years. Penelope wasn't popular because she was more beautiful and friendly than other kids. But Penelope knew she had one friend whenever she looked at her Krusty Klub ring. Her father was the station manager at WDQT.

Due to a dwindling number of female viewers, executives for The Krusty the Clown Show brought in a new female co-star to get more girls to tune in. This turned out to be Princess Penelope, who proved to be an instant hit with girls. Princess Penelope's act didn't have comedy and mainly consisted of her singing on fantasy sets. This horrified the male viewers, such as Bart and Milhouse.

Eventually, the audience for The Krusty the Clown Show consisted solely of girls who were there to see Princess Penelope. The Krusty the Clown merchandise in the Krustylu Studio Store also got replaced with merchandise of Princess Penelope whilst Krusty felt like he was being kicked off his own show...