After AT&T spent over $80 billion to acquire Time Warner in part to take on Netflix, the phone giant’s new streaming service finally has a name: HBO Max. The company also announced it will debut next spring and will offer 10,000 hours of content, including exclusive access to the hit show “Friends.”

What will be on the service? In addition to HBO and all 236 episodes of “Friends,” it will feature at least a half-dozen new series, such as “Dune: The Sisterhood,” an adaptation of the science fiction series, and “Love Life,” a romantic comedy starring Anna Kendrick. Expect feature films from the producers Reese Witherspoon and Greg Berlanti.

But the “Friends” acquisition is noteworthy. It was the second-most-watched show on Netflix in 2018, according to Nielsen, which is probably why Netflix was willing to pay as much as $100 million for worldwide rights for this year. But starting in 2020, it will only be on HBO Max. (Separately, Netflix will also lose “The Office” starting next year when it will be available only on NBCUniversal’s streaming service.)