CBeebies has commissioned a second series of Teletubbies from Canadian company DHX Media.
The Salford-based department has ordered another 60 episodes of the iconic show, which was revived after more than a decade in 2014.
Ragdoll Worldwide, the joint venture established by Wood and BBC Worldwide to house brands including Teletubbies and In The Night Garden, was acquired by DHX Media for £17.4m in September 2013.
The new series, which will see the return of Tinky-Winky, Dipsy, Laa Laa and Po, will introduce a group of Tiddlytubbies and a hidden glade called the Hidey Hup.
CBeebies controller Kay Benbow said: “I am delighted to commission more episodes of this much loved show, so that the CBeebies audience can continue to enjoy and discover a world of fun in Tubbyland.”