The new version will be written by Jessica O'Toole, Amy Rardin and Jennie Snyder, who all work on The CW's Jane the Virgin.
And perhaps not-so-coincidentally, Milano shared a #TBT from Charmed to Instagram on Thursday, the same day the news broke. The show is now only at the script stage, so there's no cast - yet!
The original series starred Shannen Doherty (Prue), Holly Marie Combs (Piper), Rose McGowan (Paige) and Alyssa Milano (Phoebe), however if Alyssa's tweet from a year ago is anything to go by the reboot won't include the original cast. Anything was fair game on the original series, including time travel.
The original series followed a trio of San Francisco sisters who were powerful witches and used their abilities to protect innocent people from evil supernatural forces.
However, Holly made it seem like she would not be a part of the reboot with one telling tweet.
Loyal fans will be pleased to know that USA network, The CW, has ordered a pilot script for a new Charmed TV series.
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The CW recently announced the construction of a prequel to the cult series Charmed.
If there's going to be a Charmed reboot, let's pull a 90210 and bring the OG cast in some capacity.
Magic and sisterhood is a fair bet for 2017 CW, and I'm interested to see what these three women make of it. Jane the Virgin is by turns dramatic and delightful, so we'll see.
While the project is still in early development, so casting is a ways off, the original cast in not expected to be involved (you know, the whole 1970s thing), but it's Charmed, so anything could happen.
When he won't text you back.