John Goodman and the cast of Roseanne

Fans of the seminal late 1980s and 1990s ABC sitcom starring popular standup comedian Roseanne Barr are in for some good news, as the latest word has the previously-unconfirmed revival series of Roseanne moving forward at its original parent network for a midseason premiere. Based on a character created by Barr for TV, the show was created by Matt Williams and centered around a realistic portrayal of an average American family living a working-class life in Illinois.

Featuring starring turns from such A-list talents as John Goodman and Laurie Metcalf, the ABC sitcom that is Roseanne has since gone down as one of the most successful commercially broadcast television series of all time - reaching a pinnacle of popularity between 1989 and 1990, when it was ranked number one in the Nielsen ratings. Fans of the show no doubt hold the program in fond regard, and will be pleased to hear that its revival series return is on the way at ABC.

According to TV Line, ABC has beat out Netflix for the exclusive rights to broadcast the eight-episode Roseanne revival series from the original producing team consisting of Barr, Tom Werner, and Bruce Helford. The new series will reportedly revolve around the Connor family dealing with a paycheck-to-paycheck existence in 2018 Illinois, and will include returning cast members Barr, Goodman, Metcalf, Sara Gilbert, Michael Fishman, and the original Becky as played by Lecy Goranson - with the original series replacement actor Sarah Chalke also reported to appear in "another role."

Final season dream sequence in Roseanne

With the new show set to air in a midseason time slot, fans of the original Roseanne can begin anticipating the return of yet another seminal sitcom of yesteryear. Following in the likeminded footsteps of such contemporary revival productions like Will & Grace on NBC and Gilmore Girls: A Year in the Life on Netflix, ABC is in for their very own trip down memory lane as production on the forthcoming limited series commences.

Barr was definitely a mainstream star when her show initially premiered in the late 1980s, and with any luck a present day revival series will be met with just as much widespread enthusiasm that greeted the program in the late 20th century. Until then, here's to hoping that the return of Roseanne will be welcomed with open arms by a contemporary 21st century audience.

NEXT: Summer 2017 TV Premiere Dates to Watch For

The Roseanne eight-episode revival series premieres midseason 2017-18 on ABC.

Source: TV Line