Mon May 19 19:10:00 UTC 2025: Here’s a summary and news article based on the provided text:
**Summary:**
“Sesame Street” has secured new distribution deals with Netflix and PBS, providing a wider audience reach for new episodes. This is a significant financial boost for Sesame Workshop, which has been struggling after the expiration of its lucrative deal with HBO and recent staff layoffs. While the new deals offer increased exposure, executives acknowledge that the revenue generated will likely be less than the previous arrangement due to changing media landscape.
**News Article:**
**”Sesame Street” Finds New Homes on Netflix and PBS Amidst Financial Challenges**
NEW YORK – “Sesame Street,” the iconic children’s television program, has announced new distribution agreements with Netflix and PBS, offering a much-needed lifeline to Sesame Workshop, the show’s nonprofit producer. The deals, effective later this year, will make new episodes of “Sesame Street” available to Netflix’s vast subscriber base and simultaneously air on PBS, marking the return of new content to public broadcasting after nearly a decade.
The announcement comes after a period of financial strain for Sesame Workshop, which recently faced staff layoffs and the expiration of its lucrative distribution deal with HBO. Since 2015, HBO had been paying Sesame Workshop $30-35 million annually for new episodes, but Warner Bros. Discovery decided against renewing the contract.
While the Netflix deal promises a wider audience reach, Sesame Workshop executives have cautioned employees that the revenue generated from the new agreements will likely be lower than the previous HBO arrangement. The economics of media distribution have vastly changed.
Despite the financial challenges, Sherrie Westin, CEO of Sesame Workshop, emphasized the significance of reaching more households, calling the new distribution agreements “certainly worth celebrating.”
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