A 2012 version of the one-time ratings smash hit is destined for Channel Nine, the Herald Sun reported.
Rival Channel Ten sought to bid on the reborn series, titled Big Brother: Secrets, but it is understood Nine signed the deal today.
"I understand we are doing it,” a Nine source confirmed.
Nine is certain to produce the show on a smaller scale than in the past.
It is believed that Nine is also determined to let viewers know it won’t be the same old Big Brother, which slipped into ratings decline in its eighth and final season on Ten.
The new show will be marketed as Big Brother: Secrets ... every housemate has a secret."
There is no word yet on the host of the re-booted Big Brother. Gretel Killeen hosted the first seven series of the show on Ten. Kyle Sandilands and Jackie O hosted Ten’s final series before it was cancelled in 2008.