Not exactly The Karate Kid 4 (or Part 5 if you count The Next Karate Kid), but pretty damn close. A 10-episode half-hour comedy titled Cobra Kai, is in the works. The series, which will debut on YouTube Red, will mark the return of both of Ralph Macchio and William Zabka, playing their respective roles from the highly successful motion picture franchise (the first two were directed by legendary Rocky helmer, John G. Avildsen) that spawned three sequels and a remake.
As per the press release: Thirty years after the events of the 1984 All Valley Karate Tournament, a down-and-out Johnny Lawrence (Zabka) seeks redemption by reopening the infamous Cobra Kai karate dojo, reigniting his rivalry with a now successful Daniel LaRusso (Macchio), who has been struggling to maintain balance in his life without the guidance of his mentor, Mr. Miyagi. The show is about two men addressing past demons and present frustrations the only way they know how: through karate.
According to THR: Josh Heald (Hot Tub Time Machine) as well as duo Jon Hurwitz and Hayden Schlossberg (Harold and Kumar) will pen the script and exec produce alongside Macchio and Zabka. Hurwitz and Schlossberg will direct much of the series. Will Smith’s Sony Pictures Television Studios-based Overbrook Entertainment will exec produce with James Lassiter and Caleeb Pinkett overseeing for the company.
Look for Cobra Kai in 2018 only on YouTube Red. Until then, here’s the Trailer for The Karate Kid 2: