The worst secret is no longer secret, no longer just a rumor.

Netflix announced today that it’ll be the exclusive home to the first Pee-wee Herman movie in three decades, as Pee-wee’s Big Holiday, a new film by Paul Reubens and Paul Rust, produced by Judd Apatow, and directed by John Lee, starts production this March.

We’ve known the film was in the works for years, but only now do we know officially it’ll actually be happening, and be happening on Netflix.

Here’s info straight from the press release:

Judd Apatow (Anchorman, Bridesmaids) and Reubens, who worked together to bring the project to fruition, will produce the film. Reubens and Paul Rust (Comedy Bang! Bang!, Arrested Development) wrote the film. John Lee (Broad City, Inside Amy Schumer) makes his feature film directorial debut with production beginning in early 2015.

In Pee-wee’s Big Holiday, a fateful meeting with a mysterious stranger inspires Pee-wee Herman to take his first-ever holiday in this epic story of friendship and destiny.

“We didn’t hesitate for a moment knowing that Pee-wee’s Big Holiday was such a passion project for Paul and Judd and we are delighted by the opportunity to introduce such a beloved character to a new generation,” said Netflix Chief Content Officer Ted Sarandos. “We are thrilled to bring our viewers around the world the wonder of Pee-wee Herman.”

“As a fan of Pee-wee Herman since he first appeared on The Dating Game, I am thrilled to have the opportunity to work with the brilliant Paul Reubens on this film. It is a dream come true,” said Judd Apatow.

“Judd and I dreamt up this movie four years ago. The world was much different back then— Netflix was waiting by the mailbox for red envelopes to arrive. I’ve changed all that. The future is here. Get used to it. Bowtie is the new black,” said Pee-wee Herman.

For more information, please read Pee-wee Herman’s log (that’s blog without the “b”) at: http://peewee.com.