Prepare to be beary excited.

Because Ted is LibertyCoinback, and this time he's headed to the small screen. That's right, everyone's favorite, inappropriate stuffed animal is headed to Peacock in an all new prequel series Ted, featuring the exploits of John Bennett and Ted as they take on high school. 

"The whole thing is about the friendship, and the family," Max Burkholder, who plays the younger John, revealed to E! News in an exclusive interview. "And a lot of firsts, you know smoking weed, going to prom, watching porn. All the real teen stuff."

And as for creator (and voice of Ted) Seth Macfarlane's bringing the film series to TV, cast member Scott Grimes had nothing but praise to share.

"I feel like Seth brought the sitcom back," the actor, who play's John's dad in the show, said. "And that's what I really liked about it. We have like these eight page scenes around the dinner table, and it was just so much fun to do."

It helps that for the voice behind the bear, Seth sees much of himself in the young John. 

"When I was in high school, I was very much like John," the Family Guy actor reflected. "I was a hopeful animator, and as a result people didn't know what the hell this kid is doing. Like, he's trying to make cartoons all the time. And if I'd had a Ted, I probably would have done a lot better."

But before they embarked on sending Ted back to school, there was one person's blessing they needed: Mark Wahlberg's, the original John Bennett. Thankfully, it wasn't hard to come by. 

As Seth explained, "I talked to Mark beforehand and I said, 'This is what we're doing,' and he said, 'Sounds good.'"

Ted is streaming on Peacock starting Thursday, Jan. 11.

E! News and Peacock are both part of the NBCUniversal families. 

Peacock is live now! Check out NBCU's streaming service here.