Netflix Confirms Date for "Arrested Development" Release

Online video streamer Netflix (NAS: NFLX) has now confirmed the official date for the return of cult favorite "Arrested Development." The company is releasing all 15 episodes of the fourth season simultaneously on May 26. The show will be available in the U.S., Canada, the U.K., Ireland, Latin America, Brazil, and the Nordics.

Netflix said in 2011 that it would bring "Arrested Development" back as an exclusive series. The company has seen successful with original programming, particularly its "House of Cards" series that was released in February. At a Morgan Stanley tech conference in February, CEO Reed Hastings said it was unlikely that additional seasons would be possible.

In a statement, series creator Mitch Hurwitz added, "Finally my simple wish for the show is coming true: that it be broadcast every second around the clock to every television, computer or mobile device in existence." Welcome back, Bluths.

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