No, That '70s Show theme song was "In The Street" by Big Star's primary songwriters Chris Bell and Alex Chilton. Drew Carey's theme song on the other hand was "Cleveland Rocks" recorded by the Presidents Of The United States Of America.
"Cleveland Rocks" original version is written in the by Ian Hunter. His original version runs to 3 minutes 48 seconds and appears on the album You're Never Alone With A Schizophrenic; it was produced by him and Mick Ronson. The album was released on Chrysalis, March 27, 1979.
For the That '70s Show's first season, "In The Street" was performed by Todd Griffin, formerly guitarist and songwriter of The Graveyard Train. Griffin's cover was replaced in season 2 by the more widely known version recorded by Cheap Trick.
In what he described as "ironic" in a 2000 Rolling Stone interview, Alex Chilton received $70 in royalty payments every time That '70s Show was broadcast.
One of the staples of many hit shows is its theme tune. As soon as those opening sounds start we get into gear for our favorite show, and perhaps even hum along. And, if it’s really good, we might even tap a toe.
Here are the 30 best TV theme songs of all time from Observer.com.