Almost two decades after its last episode aired, the highly popular children's animated series Pingu is being remade by stop-motion studio Aardman and Mattel.

The team behind Wallace and Gromit are collaborating with a huge toy company to bring back the lovable penguin Pingu.

Mattel exec Josh Silverman spoke to THR about the company's mission to create shows that resonate with both adults and children, something he calls "new-stalgia."

Mattel, which acquired the penguin character in 2011, will co-develop a new stop-motion 3D animated Pingu TV show with Aardman, the animation company which created Wallace And Gromit and Chicken Run. The decision to partner with Aardman was a no-brainer, Mattel chief franchise officer Josh Silverman said.