It's been a huge week for streaming services: Just one day after Netflix landed the rights to Seinfeld in a $500 million deal, WarnerMedia’s HBO Max has gained the rights to The Big Bang Theory.
The deal, which is reportedly worth more than $1 billion (we’re serious), gives HBO Max the exclusive domestic streaming rights to the hit sitcom for a total of five years. This marks the first streaming agreement for past seasons of the comedy series.
This is the second huge win for the service, after previously gaining the rights to Friends for a whopping $425 million.
According to The Hollywood Reporter, The Big Bang Theory, created by Chuck Lorre and Bill Prady, has also extended its syndication deal with TBS and will air on the WarnerMedia-owned basic cable network through 2028.