The Karate Kid is returning!
The iconic movie franchise is getting a sequel, but it won't be a new movie series.
Instead, it will be a TV series and will air on Youtube's subscription service, Youtube Red and will air under the title Cobra Kai.
The exciting thing about this new iteration of the franchise is that it will serve as a follow-up to the original movies, and that means there will be returning actors.
Ralph Macchio and William Zabka are tapped to appear as their former characters Daniel LaRusso and Johnny Lawrence.
It will pick up thirty years after All Valley Karate Tournament and will find Johnny deciding to open the Cobra Dojo after struggling with a string of bad luck.
Meanwhile, Daniel struggles to come to terms with the loss of Mr. Miyagi and will try to find a way to take his mind off of it.
As expected, Jonny and Daniel find themselves in a bitter feud once again and turn to karate to prove which of the men is the better one.
Oddly, it is being billed as a thirty-minute comedy series, so we'll see how that one turns out. It would probably work better as an hour long drama, but we'll reserve judgment until we lay eyes on the finished product.
Despite landing at Youtube Red, the series apparently became the subject of a bidding war with the likes of Netflix, Amazon, Hulu, and AMC.
Okay, so there you have it. The Karate Kid is coming back, and we don't really know how to feel about it.
Will it work as a TV show?
Sound off below!
Paul Dailly is a staff writer for TV Fanatic. Follow him on Twitter.