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HBO Max clinches exclusive streaming rights to 'The Big Bang Theory'

Warner Media LLC's upcoming streaming service HBO Max acquired a five-year exclusive deal for all 12 seasons of "The Big Bang Theory."

WarnerMedia unit Turner Broadcasting System Inc. also extended its agreement to continue airing the show until 2028.

The streaming and Turner Broadcasting deal combined is estimated to be worth billions of dollars, according to The Hollywood Reporter, citing sources.

The comedy series is produced by Chuck Lorre Productions Inc., in association with Warner Bros. Television.

AT&T Inc. owns WarnerMedia.