Netflix is a daredevil when it comes to its investments. The streaming giant isn't afraid to pour money into relatively unknown franchises and snatch up other properties that have the potential to do well. Case in point, YouTube's Cobra Kai.

Netflix acquired the rights to the nostalgia-filled TV show ahead of its season 3 premiere. Since then, it has become one of Netflix's most popular TV shows. Now, Netflix has confirmed that Cobra Kai is coming back for a fifth season ahead of its season 4 premiere in December.

Fifth season renewal is a huge boost to the Season 4 premiere

Netflix Renews Cobra Kai For Fifth Season Ahead Of Season 4's Premiere

1984's Karate Kid is an iconic and influential film. The sleeper hit ended up spawning three sequels and a reboot in 2010. Unfortunately, none of the subsequent media was able to match the heights of the original film. At least, not until Cobra Kai.

Cobra Kai's first two seasons were exclusive to YouTube Red after its launch in 2018. A follow-up to the original Karate Kid trilogy, the original film's protagonist, Daniel LaRusso, who is played by Ralph Macchio, is featured prominently in the series. However, much of the story revolves mainly around his former rival, Johnny Lawrence, who is played by William Zabka.