Pee-Wee Herman silhouette

Production is set to begin this year.

The sequel to Pee-wee’s Big Adventure is getting a new home.

The long-rumored film is going to Netflix in all of its territories after being in development at Universal. Judd Apatow, whose name has been attached to the film for some time, is still set to produce, with Paul Reubens putting his character’s signature gray suit and bowtie back on.

Titled Pee-wee’s Big Holiday, Pee-wee Herman will take his first holiday after a meeting with a stranger, and Netflix described it as “an epic story of friendship and destiny.” There’s no premiere date set for the streaming site, but according to Netflix, production will begin early this year. Director John Lee (Inside Amy Schumer, Broad City) will helm the film and Paul Rust wrote the script.

Picking up the movie for Netflix was a no-brainer.

“We didn’t hesitate for a moment knowing that Pee-wee’s Big Holiday was such a passion project for Paul and Judd and we are delighted by the opportunity to introduce such a beloved character to a new generation,” Netflix Chief Content Officer Ted Sarandos said.

Apatow called it “a dream come true,” while Reubens noted that he and Apatow had thought about the project for years.

“The world was much different back then—Netflix was waiting by the mailbox for red envelopes to arrive,” Reubens said. “The future is here. Get used to it. Bowtie is the new black.”

H/T Vulture | Illustration by Jason Reed

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