Exciting news, fans of stellar television! Today Netflix has nabbed exclusive rights to off-network reruns of the one of the most highly acclaimed shows on television. Mad Men is produced by Lionsgate TV, and according to Variety, Netflix has agreed to pay a license fee upwards of $1 million per episode to bring the show to its streaming subscriber base. All four seasons of Mad Men will hit the streaming service on July 27.

And in case you haven’t heard, AMC and Mad Men creator Matthew Weiner recently struck a deal to produce three more seasons of the period drama. Seasons five, six, and seven won’t find their way onto Netflix until their seasons have run their full course on the cable network.

[Via Variety]