HBO Max takes 'Big Bang Theory' from Netflix

HBO Max Lands 'Big Bang Theory' in Reported $1 Billion Deal

Johnny Galecki, Jim Parsons, Kaley Cuoco, Simon Helberg, Kunal Nayyar, Mayim Bialik and Melissa Rauch from the cast of "The Big Bang Theory" attend their handprint ceremony at the TCL Chinese Theatre IMAX on May 01, 2019 in Hollywood, California

The record-setting five-year deal is worth more than $1 billion, according to The Hollywood Reporter. The show extended its syndication deal with TBS as part of the deal with Warner Bros. Television.

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The Big Bang Theory will remain on the cable network, owned by WarnerMedia, through 2028. All 12 seasons of the hit comedy series will be available to stream on HBO Max. HBO Max recently paid $425 million over five years to bring Friends from Netflix to the new service as well. The new HBO streaming service is expected to launch in spring 2020.