It is said that the show's executive producer Bob Boyett and creater Jeff Franklin are involved in the revival of the popular series, while most of its actors may be reprising their roles from the show.
John Stamos who famously played the character of Uncle Jesse and has ownership stake in the show has been hinting at its return for a while now. Last year in his appearance on Watch What Happens Live, Stamos said, "We're sort of working on a twist on a sequel." In 2009 there were rumours of a film in the works.
The show revolved around widower Danny Tanner (Bob Saget) raising his three daughters DJ (Candance Cameron), Stephanie (Jodie Sweetin) and Michelle (Ashley and Mary-Kate Olsen) with help from his brother-in-law Jesse Katsopolis (John Stamos) and friend Joey Gladstone (Dave Coulier).
The series was aired for eight seasons from 1987 to 1995 before it was cancelled. Reruns of the show are still aired in the US and in India.
Watch the opening: