Netflix on Wednesday confirmed that it has officially greenlit a fifth season of Mitchell Hurwitz’ family farce, with the entire main cast — including Jason Bateman, Michael Cera, Jeffrey Tambor, Jessica Walter, Will Arnett, Tony Hale, Portia de Rossi, David Cross and Alia Shawkat — reprising their signature roles.
Netflix’s stock fell by more than 6% Tuesday as investors reacted to critics’ mixed reviews over the weekend of the first new Arrested Development episodes since Fox canceled the TV series seven years ago. The shares shed $14.55 to close at $214.19, marking the biggest one-day drop in the stock in nearly six months.
Arrested Development, which became a cult hit after its cancellation in 2006, returns as a Netflix download series on Sunday.
New episodes of the Emmy-winning comedy will stream exclusively to members of the DVD rental service Netflix.
Arrested Development‘s creators and cast announced plans for a new TV show that spins off the short-lived but critically acclaimed TV show, which went off the air in 2006 after just three seasons. They also discussed more concrete plans for a much-awaited movie.