New York - CBS has announced it will be renewing The Young and the Restless for three more years.
TV's top-rated daytime drama has now been picked up through the 2013-14 season. It premiered in 1973.
CBS's announcement on Monday comes on the heels of NBC's recent renewal of its long-running soap, Days of Our Lives, for two more years. Both shows are produced by Sony Pictures Television.
The glad tidings strike a contrast to the usual downbeat news about daytime dramas, whose ratings overall have been falling for years. In September, TV's oldest soap, As the World Turns, left the air after 54 years.