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Netflix continues to give traditional television some competition with the announcement of yet another original series. According to Deadline, the company has green-lit an ensemble comedy titled Friends from College that will star Key & Peele star Keegan-Michael Key and Cobie Smulders (How I Met Your Mother, The Avengers).

They also picked up Fred Savage, Annie Parisse, Nat Faxon and Jae Suh Park as cast members. Friends from College will focus on a group of chums who went to Harvard together and are now experiencing different kinds of success (both personally and professionally) while living through their 40s.

The half-hour series will be written and executively produced by husband-and-wife duo Nick Stoller (Forgetting Sarah Marshall, Get Him to the Greek, Neighbors) and Francesca Delbanco, who are themselves both Harvard alums. Stoller is also directing all eight episodes.

“Nick is a comedic mastermind. With Friends from College, he and Francesca have created a world that is both moving and very, very funny,” said Cindy Holland, Netflix's vice president of original content. No word of when Friends from College will premiere, but it starts production this fall in New York.