Welcome to the first edition of TV Guide: Live, a new web series from TVGuide.com. In each episode, we will break down the hottest news in TV and bring you up to speed on everything you need to know.

In this edition, TVGuide.com editors Mickey O'Connor and Liz Raftery dive deep into the NBCUniversal Upfronts that took place Monday morning, and discuss the new trailers debuted during the event. What are we most excited about? What are the big changes? Check out the video to get all the scoop.

Here's NBC's full fall schedule.

To know more about what's coming next fall, check out our breakdown of the NBC fall schedule, as well as the trailers for all their new shows.