This story is brought to you by the letter ‘N’ and the number 56.

‘N’ is for Netflix, the streaming platform that has stepped in to help keep the lights on at the beloved educational children’s show Sesame Street, starting with its 56th season.

Netflix will help pick up the production costs for the long-running series, home of characters like Big Bird, Bert and Ernie, Elmo, Grover and Oscar the Grouch, after (HBO) Max opted not to renew its deal with PBS.

Kids won’t need a Netflix subscription to view new episodes of Sesame Street: the show will now be also be available on PBS the day they are released on Netflix, the first time in roughly a decade that the public broadcaster will have access to brand-new Sesame Street content.

The Netflix deal couldn’t come at a better time; the loss of the HBO deal meant a significant loss in revenue at a time when funding for Public Television was threatened by the federal government and several of its funding grants expired. This year, Sesame Workshop had to lay off about 20 percent of its staff.

A press release from Netflix said that “episodes will now center on one 11-minute story, allowing for even more character-driven humor and heart.” In addition, Netflix is bringing back “fan-favorite segments like Elmo’s World and Cookie Monster’s Foodie Truck.”

PBS also issued a statement saying that an expanded collection of 25 new and library episodes will be available to stream across PBS KIDS digital platforms, and that new games would be added to the growing library of Sesame Street games available on pbskids.org and the PBS KIDS Games app.

“This unique public-private partnership ensures children in communities across the U.S. continue to have free access on PBS KIDS to the Sesame Street they love,” said Sherrie Westin, CEO, Sesame Workshop in the statement. “This combined support advances our mission and ensures we can help all children—everywhere—grow smarter, stronger, and kinder.”

Netflix will also pick up episodes of another PBS kids’ show, Peppa Pig, now going into its 7th season. In addition, the streamer will debut a new exclusive game called The World of Peppa Pig, which will include puzzles, mini-games, coloring books and other interactive elements, as well as clips from the long-running British children’s show.

The new agreements will go into effect later this year with the launch of Sesame Street‘s 56th season.