'Trollhunters' Netflix: Guillermo Del Toro Show Cast Kelsey Grammer, Ron Perlman, Anton Yelchin

Earlier this year, Netflix and DreamWorks Animation announced an expansion of their existing multi-year distribution deal, which gave the streaming service global rights to many of DreamWorks' original series. This included a new project from Guillermo del Toro named "Trollhunters," which is set to launch later this year.

The "Trollhunters" series is based on del Toro's children's novel of the same name, and will be co-written by Daniel Kraus. The series has just landed some impressive actors to lend their voice to the series. According to Variety, Anton Yelchin ("Star Trek"), Kelsey Grammer ("X-Men: The Last Stand") and Ron Perlman ("Hellboy") have all joined the cast.

Yelchin will play a character named Jim, while Grammer will voice a kindly troll who helps Jim and Perlman will voice a "sinister troll who targets Jim and his friends for battle." The announcement was made at the Annecy Festival in France where del Toro delivered a master class on his career.

According to Den of Geek, del Toro is expected to unveil a two-minute reel of the "Trollhunters" project soon.

The "Trollhunters" series tells the story of one family's legacy as child trollhunters and the magical, hidden world affecting the residents of the fictional suburb of Arcadia. Netflix says "Trollhunters" "will unleash a new, fantastical world wrapped around two best friends who make a startling discovery beneath their hometown."

The series will be a cross between kid-friendly horror and fantastical adventure. This will be del Toro's second book-to-series adaptation with the first being the FX apocalyptic vampire drama "The Strain," which will return for a third season this fall.

Netflix's deal with DreamWorks Animation includes streaming rights to DreamWorks' feature film library and extends the rights to original series such as "The Adventures of Puss and Boots," "Dinotrux" and "Dragons: Race to the Edge."