The much-awaited official announcement is here. CBS has given the go-ahead to "The Big Bang Theory" for two more seasons and now the iconic nerd show would run up to Season 12. The network confirmed the renewal through an official announcement on Monday.

Fans of "The Big Bang Theory" can finally rejoice as CBS has confirmed the renewal of the show for two more seasons. According to New York Daily Times, the sitcom will run till at least Season 12 i.e. 2019 as the entire star cast has renewed their contracts. Notably, Kaley Cuoco, Simon Helberg, Johnny Galecki, Jim Parsons, and Kunal Nayyar had refused to renew their contracts after Season 10 and were demanding a raise in their salary.

In fact, this was the reason that had led to a delay in "The Big Bang Theory" renewal. The negotiations between the cast members and CBS had reached a deadlock of sorts but now that it has been resolved, one can be sure of watching "The Big Bang Theory" Season 11 and Season 12. The five original cast members have also reduced their per-episode fees to accommodate Mayim Bialik and Melissa Rauch, CNN reported.

Though the announcement is definitely a good news for fans, CBS would have been under pressure to come up with a replacement that would match the calibre of "The Big Bang Theory" after Season 12. Speaking of replacement, Sheldon spinoff has also been announced.

CBS announced the spinoff and Iain Armitage has also been finalized to play the younger version of Sheldon Cooper. Other cast members have been also roped in and the show would go on floors in some time. Well, whatever the case, fans are happy as they have been assured of some fine comedy for the coming years.

It is worth mentioning here that "The Big Bang Theory" has been on air since 2007 and has enjoyed consistently high ratings all these years.