How is “is the new” used?

In Watchmen (2009), one line is: “This is the new Karnak.”

Which movie is “is the new” from?

The clip at the top of this page is from Watchmen (2009).

Idiom

used to say that sth has become very fashionable and can be thought of as replacing sth else

informal · Heard in 1,036 movies

… is the new…
used to say that sth has become very fashionable and can be thought of as replacing sth else
Brown is the new black.

Definitions from the Oxford Advanced Learner's Dictionary, 9th edition

This is the new Karnak.

Said in 8 films · #1