Sesame Street, home of beloved Muppets like Elmo, Big Bird, and Abby Cadabby, is coming to Netflix for its next season after spending about five years on Max (née HBO Max, give or take a rebrand) and recently losing its contract with the service.

New episodes of Sesame Street are coming to both Netflix and PBS.

Sesame Workshop laid off about 20 percent of its staff this year after several grants dried up, and, more significantly, it confronted a significant loss in revenue with the expiration of its current...