Wax on! ‘Cobra Kai’ moves from YouTube to Netflix

Netflix is the biggest subscription streaming home possible for “Cobra Kai,” which received accolades from critics and likes for capturing the essence of the original films while infusing humor into the mix. In April, Netflix reported 183 million worldwide subscribers.

On the show, the original “Karate Kid” actors Ralph Macchio (Daniel LaRusso) and William Zabka (Johnny Lawrence), now playing middle-aged parents, resume their decades-old rivalry while overseeing a new generation of younger actors.

"The appeal of ‘The Karate Kid’ saga is timeless, and ‘Cobra Kai’ picks up right where it left off without missing a beat," said Brian Wright, Netflix vice president for originals, in a press release. "The rivalry between Daniel and Johnny is one for the ages, and the show has a ton of heart and is a lot of fun. We can’t wait to introduce a new generation of fans to ‘Cobra Kai’ and are thrilled to be its new home around the world."

The third season has already been shot. Netflix has yet to announce a premiere date, but the first two seasons will debut at some point later this year on the service.

YouTube also let go of another scripted drama shot in Atlanta, "Step Up," which starred Ne-Yo. Starz picked up that show, a reimagining of the dance-focused films.

Netflix over the years has picked up several other shows from other services, giving them new life, including Fox’s “Lucifer,” ABC’s “Designated Survivor” and A&E’s “Longmire.”