Netflix is bringing back Arrested Development exclusively to Netflix’s U.S. subscribers in the first half of 2013. Fox and Imagine will co-produce the episodes.

The Emmy-winning cult sitcom is being revived with all-new episodes, thanks to Netflix's efforts of becoming an HBO-like purveyor of original content.

This isn't just awesome for fans of the six-time Emmy Award-winning series which aired on Fox from 2003 until its cancellation in 2006. It's is also great news for Netflix, which has taken not so good decisions in last few months. In July, the company announced that it would split its streaming and DVD-by-mail combo subscription into two separate subscriptions, and that customers who wanted to keep their combo plan would see a price hike of 60 percent. Naturally, these decisions prompted an instant uproar from customers and now the Company is hoping to compensate for the irrational decisions taken and gaining back the trust of its customers.

"Arrested Development" follows the misadventures of the dysfunctional Bluth family. The series stars an ensemble cast including Jason Bateman, Michael Cera, Jeffrey Tambor, Jessica Walter, Will Arnett, Tony Hale, Portia de Rossi, David Cross and Alia Shawkat.

In recent weeks, the company has signed a number of deals with TV and film studios to bring content to its streaming service in the UK and Ireland, set to debut early next year.

It isn't the first time Netflix has commissioned an original series. The company said earlier this year that it will air 26 episodes of "House of Cards," a new drama featuring Kevin Spacey, starting in late 2012.

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