Next year marks the 30th Anniversary of the hit vampire horror comedy The Lost Boys, which spawned two more straight-to-video sequels. There was talk of a fourth movie and even a spinoff TV series supposedly centering on the Frog Brothers (Corey Feldman and Jamison Newlander), but those never came to fruition. Today we have word that the franchise will be rebooted for the small screen by Veronica Mars creator Rob Thomas for The CW, Warner Bros. TV and Gulfstream TV.

Deadline reveals that Rob Thomas will write the pilot script, which will set up quite an innovative premise. The show is already being envisioned for a seven-season run spanning 70 years, with each season chronicling a decade. The setting, antagonist, and human characters will all change each season, with the immortal and ageless vampires remaining the same from season to season. The first season is set during the 1967 "summer of love" in San Francisco, with the series exploring what it truly means to be immortal.

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The original Lost Boys movie followed a mother (Diane Wiest) and her two sons (Jason Patric and Corey Haim) whoo move to a small coast town in California. The town is plagued by bikers and some mysterious deaths. The younger boy makes friends with two other boys (Corey Feldman and Jamison Newlander) who claim to be vampire hunters while the older boy is drawn into the gang of bikers by a beautiful girl (Jami Gertz). Kiefer Sutherland also starred as the leader of this unusual biker gang.

It isn't known if there will be any connection from the Lost Boys movie to the TV series, especially since the first season will be set decades before the movie. However, it's possible there could be some connections to the movie if it makes it to the third season. If each season follows 10 years, then it seems possible that the third season could take place n 1987, the same year The Lost Boys movie came out. Of course, that's all speculation for now, so we'll have to wait and see how this story turns out. It's worth noting that The CW's long-running series The Vampire Diaries is getting ready for its final season, so it's possible that The Lost Boys could fill the vampire void on the network, if it moves forward to series.

Rob Thomas, whose series iZombie is entering its third season on The CW, will executive produce through his Spondoolie Productions company, alongside frequent collaborators Danielle Stokdyk and Dan Etheridge, alongside Gulfstream's Mike Karz and Bill Bindley. Gulfstream, which has an overall deal at WBTV, came up with the idea to turn The Lost Boys into a TV series. Rob Thomas came aboard through his own deal at WBTV, and came up with a new take. The project ended up in a competitive bidding situation with another unnamed network, with The CW coming out on top. Gulfstream Television head Juliana Janes was reportedly "instrumental" in putting this deal together, and she will oversee the project for the company.