DHX Media is producing 60 brand new Teletubbies episodes for CBeebies.
The new series will feature the same live action characters, replica sets and styling, but will be 'visually enhanced' with CGI.
DHX Media has partnered with UK production company Darrall Macqueen on the new episodes, which aim to bring a 'refreshed and contemporary look and feel' to the show.
"Teletubbies is an enduringly popular series with our youngest viewers, although no new episodes have been made for over ten years," said Kay Benbow, controller, CBeebies.
"I think that now is the right time to create new episodes of this much-loved, iconic show for the current CBeebies audience. I'm sure they will engage with and delight in the activities of Tinky Winky, Dipsy, Laa Laa and Po, in the same way that children and parents did when they first appeared on our screens.
"Darrall Macqueen are incredibly experienced and talented producers of top quality children's programmes and early development and test shoots have persuaded me that CBeebies viewers are in for a wonderful treat."
Steven DeNure, president and COO of DHX Media, added: “Having acquired Teletubbies, one of the most significant and globally successful television properties, we are committed to developing the brand for today’s children.
"Kids’ entertainment of this calibre captivates generation after generation so we believe there is considerable demand for an enhanced, contemporary version. Darrall Macqueen is one of the UK’s most dynamic production companies and we believe the ideal partner to help visually refresh this landmark show.”
Teletubbies first launched in March 1997 and has reached over one billion children to date.
The original episodes aired in over 120 territories in 45 different languages and it was the very first western pre-school property to air on China’s CCTV, reaching an audience of 300 million children.
“To work on the new evolution of Teletubbies is like being handed the television crown jewels," said Maddy Darrall, executive producer at Darrall Macqueen.
"Teletubbies changed the landscape of children’s television and remains a much-loved pre-school series so our creative focus is on respecting the legacy and the heritage of the original and giving it a little creative scrub-up and technological sparkle to match the viewing expectations of a new generation.”