'Twin Peaks' season 3 release date, cast news & update: sequel to debut on 'Showtime' in 2017

The wait for the "Twin Peaks" revival has been extended, as CBS chief Leslie Moonves announced during the company's third-quarter earnings conference call that the cult favorite revival's series premiere has been pushed back to 2017, Variety reports. He said that the limited series of Twin Peaks would be likely to encourage viewers to subscribe to Showtime's newly launched standalone broadband offering.

Twin Peaks has been in production for over a year now, but the studio experienced delays earlier this year due to disagreements between Showtime and co-creator David Lynch about budget and the number of episodes to be created. They eventually agreed upon a production of no less than nine episodes of the series, to be directed by Lynch himself.

TV Line reported in August that as per Showtime president David Nevin, "I never had any doubts we were going to get [Lynch] back. This was a huge priority project to me."

"It became clear that it was going to take more than nine episodes, which was the originally planned-for and budgeted-for length of the series," he explained. "I really wanted to get David to direct the whole thing, and he wanted to direct the whole thing. We had to work out the details. We eventually got through it."

TV Guide also reports that according to Nevin, Lynch is locked in for the production, which may bring back fan favorites. He said, "I think you should be optimistic that the people that you want will be there and then there will be surprises in addition."

Fans aren't the only ones excited to see Twin Peaks back on television, as Nevins shared the same sentiment, saying, "I want it as badly and as soon as the biggest fans in the world want it. I’m hoping we make 2016. It’s not clear. It’s ultimately going to be in [series co-creators David Lynch and Mark Frost’s] control. They’re going to shoot the whole thing and then they’ll start posting."

Nevin said, "Bottom line is I’ll take it when they’re ready with it...but I’m hoping sooner rather than later."

Kyle MacLachlan was the first confirmed main cast to return, and the Golden Globe Award-winning actor was already spotted filming Twin Peaks in the Mojave Desert, Daily Mail reports. The 56-year-old reprises his role as FBI Special Agent Dale Cooper on the Twin Peaks, which earned three Golden Globe Awards and two Emmy Awards before its cancellation in 1991.