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According to Deadline, the one-hour special will include surprise celebrity guests, noteworthy conversation, fresh comedic sketches, huge musical performances and more.
Smith’s Westbrook Studios will produce the special for Netflix with the 52-year-old actor serving as an executive producer.
Terence Carter, Miguel Melendez and Sahara Bushue are also executive producing the special, which will launch globally on Netflix later this year.
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The show, which has a two season order from streaming service Peacock, is based on Morgan Cooper’s viral video that reimagined the NBC comedy series as a drama.
On the film front, Smith will next star in Warner Bros’ ”King Richard”, a movie about Richard Williams, the father and coach of tennis superstars Venus and Serena Williams.