Flashback to the 80’s when big money, big hair and even bigger solder pads ruled the airwaves and Joan Collins took the throne as the super bitch Alexis Colby in Dynasty, now flash forward to 2017, the series has been given a modern-day make-over for Netflix in which a new trailer has been released.

The modern-day reboot of the iconic primetime soap looks just as petulantly dramatic as the original, with super rich kids vying for Daddy’s love… and money as its handbags at dawn.

The series follows two of America’s wealthiest families, the Carringtons, and the Colbys, as they feud for control over their fortune and their children. Fallon Carrington (Elizabeth Gillies) is charismatic, cunning, and poised to become the new COO of her father’s global energy empire, or so she thinks. When her father, Blake Carrington, (Grant Show) summons Fallon and her brother, Steven, (James Mackay) home to the family compound in Atlanta, Fallon is horrified to learn that the reunion isn’t to announce her promotion, but rather to make the acquaintance of their stepmother-to-be, Cristal (Nathalie Kelley). Cristal is stunning, and almost as young as Fallon, as Fallon is quick to point out, but she isn’t just some flimsy gold-digger to be scared off.

The show stars Grant Show (“Melrose Place”), Elizabeth Gillies (“Sex&Drugs&Rock&Roll”), Nathalie Kelley (“UnReal,” “The Vampire Diaries”), James Mackay (“The Leftovers”), Alan Dale (“The O.C.”), Sam Adegoke (“Murder in the First”), Robert Christopher Riley (“Hit the Floor”), and Rafael de la Fuente (“Empire”).

Dynasty launches on Netflix on October 12th with all new episodes to be released weekly on Thursdays.