Netflix is the new home of Sesame Street

Sesame Street has been renewed for a 56th season after Netflix (NASDAQ:NFLX) picks up rights for the iconic children’s TV show.

The streaming giant swooped in and secured a deal for the children’s show after Warner Bros. Discovery (WBD) decided not to renew as it pivots back to content that caters more to adults and is rebranding “Max” to “HBO Max.”

Netflix said the new season, along with 90 hours of previous episodes, will be available to audiences worldwide later this year. The new episodes will be available same-day-and-date in the U.S. on PBS stations and PBS KIDS digital platforms.

“The new season will feature fresh format changes and the return of fan-favorite segments like Elmo’s World and Cookie Monster’s Foodie Truck. Additionally, episodes will now center on one 11-minute story, allowing for even more character-driven humor and heart,” Netflix said Monday.

“This unique public-private partnership will enable us to bring our research-based curriculum to young children around the world with Netflix’s global reach, while ensuring children in communities across the U.S. continue to have free access on public television to the Sesame Street they love,” Sesame Workshop, the global nonprofit that produces the show, said.