Iconic children's television show Sesame Street has been a staple on PBS for as long as you can probably remember. For the last 50 years, loveable childhood friends like Big Bird, Oscar the Grouch and the Cookie Monster entertained and educated children and parents alike on the public broadcasting service, but that's all about to change. To kick off their 51st season, Sesame Street will now debut on the streaming video service HBO Max that is set to debut next year.

The new deal between Sesame Street and HBO Max will include five, 35 episode seasons as well as four new specials that will be both live-action and animated, a new talk show hosted by none other than Elmo himself and an animated spinoff of Sesame Street. The deal also includes annual specials as well as featuring the majority of the episodes created over the 50-year history of the show, Deadline reports.

"Sesame Street is, and always has been, the gold standard for children's programming, and we're thrilled that Sesame Workshop chose HBO Max as its new partner," Robert Greenblatt, chairman of WarnerMedia Entertainment and direct-to-consumer, said Thursday in a statement. "This brand is synonymous with quality and integrity, not to mention that nothing is more important than educating young new minds. This landmark deal perfectly illustrates the type of quality programming HBO Max will offer across every demographic."

So what does this mean for parents and children who won't be subscribing to HBO Max?

Don't worry, because Sesame Street will still be available for viewing on PBS. There will however be a delay in when new episodes are released and when they'll appear on PBS, with Deadline writing that HBO Max will have exclusivity rights for approximately 9 months, at which time the episodes will then be released to PBS.

"As we celebrate 50 years of Sesame Street and look to the future, we are thrilled to enter into this powerful partnership with HBO Max and their growing offering of best-in-class content," said Steve Youngwood, Sesame Workshop's president of media and education and COO. "Producing this broad slate will help us deliver on our mission to help kids everywhere grow smarter, stronger and kinder. We are also excited about partnering with WarnerMedia and AT&T as we seek ways to expand Sesame Workshop's impact around the world."

HBO Max Pricing, Launch Date, & More Details

HBO Max hasn't released their pricing guide nor actual launch date as of yet, but with so many new streaming services launching over the next few months to a year, including streaming services from Disney and Apple, families are going to be forced to pick and choose wisely according to their budget. Thankfully those who still love Sesame Street will be able to watch without subscribing to a streaming service, even if there is a bit of a delay. Will you be subscribing to HBO Max?

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