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Tim Allen will reprise his role as Scott Calvin in a new Disney+ The Santa Clause series.
The first film came out in 1994 and its huge success led to two sequels, The Santa Clause 2 (2002) and The Santa Clause 3: The Escape Clause (2006).
The franchise follows the trials and tribulations of ordinary man Scott as he attempts to fill Santa's boots after the jolly fat man falls off his roof and dies.
The new limited series will begin production in March, with Allen also set to serve as executive producer.
Giving us a flavour of what we can expect from the new series, Disney+ said: "Scott Calvin is on the brink of his 65th birthday and realizing that he can’t be Santa forever.
"He's starting to lose a step in his Santa duties, and more importantly, he’s got a family who could benefit from a life in the normal world, especially his two kids who have grown up at the Pole.
"With a lot of elves, children, and family to please, Scott sets out to find a suitable replacement Santa while preparing his family for a new adventure in a life south of the pole."
Allen will be reuniting with Jack Burditt, creator of his hit sitcom Last Man Standing, who will serve as executive producer and showrunner.
Kevin Hench, another producer on Last Man Standing, will also serve as an executive producer, alongside Richard Baker and Rick Messina.
Allen won a People's Choice Award for his portrayal of Scott in the first movie.
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