'Degrassi' is Heading to Netflix After TeenNick Cancellation

This is amazing news for Degrassi fans like us!

The long-running teen drama has officially been picked up by Netflix as Degrassi: Next Class after being cancelled by TeenNick last week. There will be 20 new episodes that will air on Netflix in the U.S. and on Family Channel in Canada in 2016.

“Following an unprecedented and incredibly supportive 14-year relationship with Bell Media on Degrassi: The Next Generation, we are looking forward to reaching a fresh new audience with Degrassi: Next Class,” executive producer Linda Schuyler said in a statement (via TVGuide.com). “We are energized and excited to work with Family Channel as we tell stories for the new post-millennial teen cohort known as Generation Z, most of whom weren’t even born when Degrassi returned in 2001.”

And get this – the new series will bring back castmembers Amanda Arcuri, Reiya Downs, Ana Golja, Nikki Gould, Ricardo Hoyos, Ehren Kassam, Andre Kim, Lyle Lettau, Spencer Macpherson, Eric Osborne, Olivia Scriven, Sara Waisglass, and Richard Walters.

Don’t forget – TeenNick’s finale is set to air on Friday, July 31 @ 9/8c.