In a surprise move, Netflix has announced they will bring the series “Arrested Development” back into production.

This is the second series that Netflix has licensed for production and exclusive airing on their streaming network. The first one, “House of Cards”, was announced by Netflix back in March. “House of Cards” is a political thriller based on a 1990’s BBC miniseries. It will star Kevin Spacey and is slated for 26 episodes, beginning in late 2012.

“Arrested Development” on Netflix will be a continuation of the series about the dysfunctional Bluth family. The show originally ran on FOX from 2003 to 2006. The series garnered six Emmy awards, one Golden Globe, and made Time Magazine’s list of “100 Best TV Shows of All Time” in 2007. However, the ratings never took off and the show was cancelled. But a cult following has continue to thrive.

Though details remain murky, including how many of the original cast will return, it has been reported that Netflix has arranged for 9 to 10 episodes to be aired starting in 2013..

Ron Howard, who narrated the show during its three year run and is one of its executive producers, said “After a long hiatus, I’m dying to finally get back to the narrator’s microphone…’It’s Arrested…Development.’”

The news about taking on the production of “Arrested Development” is a bright spot against a backdrop of troubled times at Netflix. Back in July, Netflix changed its pricing structure, effectively raising prices, and customers reacted negatively. It’s estimated that Netflix lost about 800,000 subscribers. Netflix shares have dropped from almost $300 in mid-July to $78 on Friday.