It will be the best around!
Former teen stars Ralph Macchio and William Zabka will be back in Cobra Kai!, a series that picks up some time after the legendary Miagi taught Daniel to apply wax, and Johnny swept the leg to no avail.
The title gives a hint as to what the series will be about. "Cobra Kai" was the dojo where Johnny had trained (and, presumably, honed his brand of '80s yuppy villainy). The new series moves the spotlight slightly away from Daniel, giving the former foes equal standing. The story takes place about 30 years (!) after the original events, and confirms something that we'd all known hoped to be true: bullies get their just desserts when they grow up. While Daniel has grown to be successful, Johnny is now a wreck. The series follows Johnny as he goes on his search for redemption by re-opening Cobra Kai (and possibly churning out more kids who look like Children of the Corn crossed with Enter The Dragon).
Mr. Miyagi, Daniel's pal and instructor, won't be around for the series, as actor Pat Morita passed away in 2005. The death of the character will be written into the series.
While there wasn't a public push for another Karate Kid revival (not one that we know of, at least), the title was a hot property, apparently. THR reports that YouTube had beaten out Netflix, Amazon, Hulu and AMC to land the series. Cobra Kai will run on YouTube Red, YouTube's subscription service.
The series will be written and produced by Josh Heald (Hot Tub Time Machine) alongside Jon Hurwitz and Hayden Schlossberg (Harold and Kumar). In a statement, the three said that Cobra Kai will be "a true continuation of the original films" and "reignite the LaRusso-Lawrence rivalry." Cobra Kai will drop sometime in 2018.