After an almost decade-long hiatus, Chris Rock is making his return to stand-up next year in a record-breaking deal with Netflix.

Continue reading below…

According to The Hollywood Reporter, Netflix has paid Rock a whopping $40m for two comedy specials, set to air in 2017 as part of a soon-to-be-announced world tour.

The $40m deal sets a new high in the stand-up comedy world, and ends Chris Rock’s 20-year association with HBO, who were just one of the other networks bidding for the two specials.

“Chris Rock is a beloved actor and director, and his remarkable stand-up makes him comic royalty,” said Netflix chief content officer Ted Sarandos. “There is no one like him, and Netflix offers the global platform and creative freedom that will serve as a perfect home for someone with his incredible talent.”

Related: Watch Chris Rock’s Opening Monologue From the 2016 Oscars