"Sesame Street" is erecting a new sign, as it changes hands from HBO to Netflix. And of course PBS is getting a cut.

What to Know Netflix has thrown “Sesame Street” a safety net with a new streaming deal that offers the popular children’s staple a broad reach while keeping it on its long-standing home, PBS, at the same time,

New "Sesame Street" episodes will continue to be available on the same day on PBS and PBS Kids app in the U.S., according to the deal. Netflix also gains rights to develop video games for both “Sesame Street” and “Sesame Street Mecha Builders.”