The hour-long festive treat will see Olivia Colman (The Crown) make her panto debut as Fairy Godmother, alongside an all-star cast including her on-screen sister Helena Bonham Carter as Lady Devilia, Guz Khan (Man Like Mobeen) as Buttons, Tom Hollander (Us) a Baron Hardup and Anya Taylor-Joy (The Queen’s Gambit) as Cinderella.
Gillian Anderson (Sex Education) will play Britain’s first female Prime Minister, Margaret Thatcher, while Emma Corrin (Pennyworth) will play Princess Diana.
The fourth series is set to cover Thatcher’s term and her relationship with Queen Elizabeth II (Olivia Colman), as well as the courtship between Prince Charles (Josh O’Connor) and Lady Diana Spencer and their wedding in 1981 where she becomes Princess.
Netflix has also released images of Queen Elizabeth II and the Duke of Edinburgh (Tobias Menzies), and Helena Bonham Carter as Princess Margaret.
A short trailer accompanied the announcement, in which Olivia Colman’s Queen Elizabeth II declares: “Something as important as the monarchy simply cannot be allowed to fail.”
The trailer also introduced the characters of Margaret Thatcher and Princess Diana, played by Gillian Anderson and Emma Corrin.
The coming series will follow the arrival of Thatcher as Prime Minister and Diana’s turbulent relationship with Prince Charles (Josh O’Connor).
Morgan had originally planned for six series of the much-loved drama, but has decided that the fifth series “is the perfect time and place to stop”.
Morgan thanked Netflix and Sony for supporting his decision and described Staunton as an “astonishing talent” and a “fantastic successor”.
Staunton will be the final actor to play the Queen after predecessors Claire Foy and Olivia Colman, taking the series into the 21st Century.
The Crown first aired in 2016 and with its big budget production spend, was hailed as a game-changing drama for Netflix.
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The four-part series will be the latest project from Sister shared by the broadcasters following the success of Chernobyl.
Landscapers will follow the true crime story of the seemingly innocuous couple Susan (Colman) and Christopher Edwards, who came to murder Susan’s parents and bury them in their garden in Mansfield, where they remained undiscovered for a decade.
Directed by Academy Award winner Alexander Payne (The Descendants) and written by Ed Sinclair, the black comedy series offers a playful portrayal of this unique murder case.
The new series will see Olivia Colman and Tobias Mezies take over the reins from Claire Foy and Matt Smith as The Queen and the Duke of Edinburgh.
The upcoming series will cover The Queen’s reign from 1964 up to 1977 and see the beginning of Prince Edward’s life, the marriage of Princess Anne and Captain Mark Phillips and the celebrations of The Queen’s Silver Jubilee.
This year’s line-up of history hungry stars includes British actress and newly minted star of The Crown Olivia Colman (Broadchurch), pop icon Boy George, comedian Lee Mack, former JLS member Marvin Humes and Our Girl actor Michelle Keegan.
Olivia Colman will journey from Norfolk to India, embarking on the discovery of a diverse heritage and Lee Mack’s investigation uncovers that comedy runs in the family.
The series is a collaboration between BBC One, AMC and The Ink Factory, who previously worked together on 2016's award-winning spy drama, The Night Manager.
Set amidst rising tensions in the Middle East during the 1970s, the show will star Florence Pugh as a young brilliant actress named Charlie, who is preparing for her ultimate role.
Colman, best known for her roles in Broadchurch and The Night Manager, is the first star to be announced for the third series of the Netflix drama series.
The entire cast is set to be replaced for the next phase of the Queen's reign when the drama jumps ahead to 1960s Britain at the end of the second series.