(CNN) - Netflix may be losing Michael Scott and Chandler Bing, but it's gaining Jerry Seinfeld and Cosmo Kramer.
"Seinfeld," one of the most popular sitcoms in TV history, is heading to Netflix starting in 2021, the streaming company announced on Monday.
The financial terms of the deal, which Netflix struck with distributor Sony Pictures Television, were not disclosed.
Nabbing the rights to "Seinfeld" is a big boost for Netflix, which has suffered the losses of two popular licensed shows in "Friends" and "The Office" in recent months.
More to come...The-CNN-Wire & 2019 Cable News Network, Inc., a Time Warner Company.