Netflix has landed Cobra Kai. Starting with its upcoming third season, YouTube's flagship scripted series will become a Netflix original.

Along with exclusive rights to Season 3 of Cobra Kai, Netflix will have access on a non-exclusive basis to the first two seasons of the show for fans to catch up. Seasons 1 and 2 of the Karate Kid sequel series, starring Ralph Macchio and William Zabka, will premiere on Netflix this year, with an all-new third season to follow.

Cobra Kai studio Sony Pictures TV had been shopping the series, with all major streamers expressing interest. The field of suitors was eventually narrowed down, with Netflix and Hulu leading the short list of contenders. In the end, I hear Netflix's financial commitment, massive subscriber base, global reach and passion for the material sealed the deal, making it the new home of Cobra Kai.

Sony TV previously successfully relocated another scripted series that had been originally set up at YouTube, On Becoming a God in Central Florida. It moved to Showtime ahead of its debut and has been renewed for a second season by the ViacomCBS network.

`We are so proud of Cobra Kai and are overwhelmed by the massive fan response to the series. Josh, Jon, Hayden, Ralph, William and the entire cast have done such a brilliant job with this sensational series and the huge audience reaction and sentiment for it is a testament to that,` said Jeff Frost, President of Sony Pictures Television: `We are very thankful to our partners at Netflix and couldn't be more elated that they have become the new home for this epic saga.`

View this post on Instagram

@cobrakaiseries is moving to @netflix for Season 3 and we are STOKED. Head to the link in our bio for everything we know!

A post shared by TV Guide (@tvguide) on Jun 22, 2020 at 12:15pm PDT

The freshman season of Cobra Kai was a massive breakout hit, topping 55 million YouTube views for Episode 1 and ranking as the sixth-most Google-searched TV show in 2018. It also was named 2018's Best Drama by Rotten Tomatoes, earning a rare 100% Fresh rating.