Care Bears Cuddle Up to Netflix For 2016 Reboot

Netflix will venture into Care-a-lot and bring back a reboot of Care Bears, the classic '80s franchise starring multicolored bears with varying temperaments, The Live Feed confirms. The series, titled Care Bears and Cousins, will debut in 2016 as part of the streaming service's initiative to expand its kid content.

The news became public during a CNN Money interview with Netflix Chief Content Officer Ted Sarandos, who referred to the Care Bears as "trusted brand."

Other "trusted brands" include King Kong, The Magic School Bus 360˚ and Popples, all enduring children's' franchises that will take up Netflix's digital shelf space in 2015 and 2016.

The Care Bears were created in 1981 to star in greeting cards by American Greetings Corporation. A line of plush toys produced by Kenner followed in 1983, as well as a number of animated TV specials. The bears got their own cartoon in 1985, which aired for three years and 60 episodes. The most recent Care Bears series -- Care Bears: Welcome To Care-a-lot -- ran for one season on the Hub Network.

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