Twin Peaks Showtime
Courtesy of ABC

David Lynch’s “Twin Peaks” is officially returning to television.

On Friday, Lynch announced that Showtime’s revival of the cult series was “happening again” after a month-long impasse over budget concerns.

It premieres in early 2016.

According to Showtime president David Nevins, Lynch will direct the entire series, “which will total more than the originally announced nine hours.”

Pre-production on the new season starts immediately.

Insiders tell Variety that Showtime had been negotiating the terms of a new deal with Lynch and “Twin Peaks” co-creator Mark Frost ever since Lynch abruptly quit the project in April.

In October, the pay cabler ordered nine new episodes of the quirky detective drama much to the delight of series’ hardcore fans, with actor Kyle MacLachlan reprising his starring role. But after Lynch and Frost delivered the nine scripts they co-wrote, Showtime quickly realized that production costs had risen tremendously and asked the duo to cut their profits as a concession.

Lynch said no.

Making matters worse, the eccentric filmmaker operates without a manager or agent and decided to leave the project without telling his lawyer.

“We were working towards solutions with David and his reps on the few remaining deal points,” Showtime said after Lynch’s exit.

A “Save Twin Peaks” petition began circulating on the Internet following the director’s exit, with original cast members blasting the notion of “Twin Peaks” returning without Lynch at the helm.

“Twin Peaks,” which tells the story of a peculiar FBI agent (MacLachlan) investigating the murder of a teenager in a small, unusual Washington town, aired for two seasons on ABC and was followed by a feature film in 1992, “Twin Peaks: Fire Walk with Me.”

Sheryl Lee, who played the murdered Laura Palmer, is also expected to return along with Dana Ashbrook, who played fellow high-schooler Bobby.

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