<i>Arrested Development</i> Will Air on Netflix For Just One Season

Netflix's Arrested Development resurrection appears to be a one-shot deal.

Speaking to investors Monday, CEO Reed Hastings revealed the agreement for the cult-favorite comedy covers only the announced 14 episodes, which debut on the streaming service this spring. If the series continues after that, it will have to find a new home.

"Arrested is a unique property, we don’t anticipate being able to do season five, six and seven," he said. "We have less of a stake in it. It is really a fantastic one-off, which is coming together incredibly. I think it will be amazing for us, but think of it as a nonrepeatable amazing, whereas the other thing that we are doing is to trying to figure out a real mechanism where we can build shows and develop franchises over the long term. In that way, Arrested Development is a wildly successful tactic, as opposed to fundamental to the strategy."

One of the main reasons more Arrested Development doesn't seem likely is how huge and successful the cast is. The original leads include Jason Bateman, Will Arnett, Jeffrey Tambor, Michael Cera, Porta de Rossi, Jessica Walter, David Cross, Alia Shawkat and Tony Hale. Meanwhile, original series guest stars Andy Richter and Liza Minelli have signed on to return along with newbies Kristen Wiig, Seth Rogen, Conan O'Brien, Terry Crews, Isla Fisher and John Slattery. The 14-episode fourth season of the beloved comedy is expected to bow in May.

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