03/26/2013 05:57 pm ET Updated May 26, 2013

'Pretty Little Liars' Spinoff 'Ravenswood' Announced Along With Renewal For Season 5

"Pretty Little Liars" is getting a spinoff and a fifth season!

In addition to the show's renewal, ABC Family announced the launch of "Ravenswood," a spinoff of "Pretty Little Liars" that will debut in October after the teen smash hit's annual Halloween episode.

"Ravenswood" -- which comes from "Pretty Little Liars" executive producers I. Marlene King, Oliver Goldstick, Joseph Dougherty and Leslie Morgenstein -- will center on a town near "PLL's" Rosewood, Pennsylvania. Ravenswood "has suffered under a deadly curse for generations" and the spinoff will follow "five strangers who suddenly find themselves connected by this fatal curse and need to dig into the town's mysterious and terrible history before it's too late for each of them."

The "Pretty Little Liars" Halloween special is expected to introduce some of the "Ravenswood" characters.

"'Pretty Little Liars' is brand-defining and demo-defining for ABC Family. We are proud to be able to grow the 'PLL' franchise in two ways -- both by adding additional seasons of the original and by extending the storytelling into a spinoff. 'Ravenswood' will become another 'must-tweet-TV' series for us," ABC Family President Michael Riley said in a statement. "Our viewers have an incredible ability to amplify messages and create buzz around things that interest them, including our shows and talent."

The Season 3 finale of "Pretty Little Liars," which is based on a book series of the same name by Sara Shepard, was the No. 1 telecast for the 11th consecutive week amongst females 12-34 with 1.76 million total viewers and a 3.8 rating.

Will you watch the "Pretty Little Liars" spinoff and Season 5? Let us know in the comments!

"Pretty Little Liars" returns for its fourth season on Tuesday, June 11.

"Pretty Little Liars"