This copy is for your personal, non-commercial use only. Netflix also streams his short-form series Comedians in Cars Getting Coffee and stand-up special Jerry Before Seinfeld. The show has already earned more than $3 billion off its cable and broadcast syndication, according to the Wall Street Journal, and Hulu paid out $130 million for its current deal. Copyright © 2020 The New Daily. We've detected you are on Internet Explorer. “Seinfeld” episodes represented less than 1% of all Hulu viewing, a person with knowledge of those statistics told TheWrap. According to Gizmodo, Netflix is missing one of Hulu’s “killer” features for streaming the series and fans “may see their Seinfeld-streaming experience degraded by the platform shift.”. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. Netflix Your California Privacy Rights/Privacy Policy. Jerry Seinfeld’s teamed up with fellow comedian Larry David in 1989 to create what was to become the most successful comedy series in the history of television: Seinfeld. The OriginalCoffee-drinkingCar-drivingComedian-talkingtalk showJuly 19@netflixisajoke pic.twitter.com/keW8bJZ3Vk, — Jerry Seinfeld (@JerrySeinfeld) July 2, 2019. The rest of the money gets broken up between the “Seinfeld” cast — Jason Alexander, Michael Richards and Julia Louis-Dreyfus all get residuals, as does Seinfeld as an actor — and producers George Shapiro and the late Howard West. The Times reported that Netflix (ticker: NFLX) is paying more than the $500 million NBCUniversal paid for “The Office,” citing people familiar with the deal. How do pandemics usually end? The new, five-year Seinfeld streaming deal is worth more than $728 million and covers global rights, according to The Hollywood Reporter. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. Netflix was reportedly “particularly aggressive” in its tactics to win the hotly contested battle for Seinfeld, which won 10 Emmys from 68 nominations during its run from July 1989 to May 1998. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of Condé Nast. Join WrapPRO for Exclusive Content, Full Video Access, Premium Events, and More! “Seinfeld” represented a unicorn in the TV industry: A classic TV series with a huge episode count (180) that wasn’t tied to a company launching a competing streaming service. Seinfeld will have the hand and be master of a new domain starting in 2021. An error has occurred, please try again later. Get The New Daily free every morning and evening. Vanity Fair may earn a portion of sales from products that are purchased through our site as part of our Affiliate Partnerships with retailers. As if the Netflix deal wasn’t enough, “Seinfeld” also bagged a smaller take from Viacom for cable syndication rights, which also begin in 2021. Seinfeld's new deal with Netflix, which grants the streaming service not only the previously produced nine seasons of the show and a new 10th season but also two … “Nearly a dozen series-specific tags help filter Seinfeld episodes by popularity, breakup-related episodes, and episodes with a crime theme, among others,” reported Gizmodo. Will be used in accordance with our Privacy Policy. TV Reporter • tim.baysinger@thewrap.com • Twitter: @tim_bays, TV Editor • tony.maglio@thewrap.com • Twitter: @tonymaglio. “Now, 30 years after its premiere, ‘Seinfeld’ remains center stage. Seinfeld’s just released Netflix special, 23 Hours to Kill, reveals why that consensus was reached so long ago. I am really quite charged up to be moving there.". Netflix will begin a five-year deal as the exclusive global streaming home for the adventures of Jerry, Elaine, George and Kramer, marking the … According to the L.A. Times, Netflix beat out bids from not only those two streamers, but also from WarnerMedia, NBCUniversal, and Viacom, which merged with CBS and therefore controls the streaming platform CBS All Access. Streaming giant Netflix has inked a deal for the rights to the hit sitcom starring Jerry Seinfeld, paying “far more” than half a billion dollars, according to a report Monday. S&P 500 All rights reserved. Netflix has snatched worldwide rights to all 180 episodes of the iconic series away from streaming rival Hulu in the latest round of the war for classic TV sitcoms. Use of this site constitutes acceptance of our User Agreement (updated 1/1/20) and Privacy Policy and Cookie Statement (updated 1/1/20) and Your California Privacy Rights. Strong rival bidders included Hulu, WarnerMedia, Amazon, NBCUniversal and CBS All Access. Those parties are profit participants too. “It is as fresh and funny as ever, and will be available to the world in 4K for the first time. But is the astronomical sum Netflix just spent to carry Seinfeld internationally a wise investment? The general consensus is that these series, years after they went off the air, will act as an anchor for the new services as shows fans already know and love. And in the case of “Seinfeld,” as ’80s band Dire Straits would sing, that’s a whole lot of “money for nothing.”. This deal will likely come as a blow not only to Hulu, which currently holds U.S. Seinfeld rights, but also to Amazon, which carries the show abroad. Seinfeld has also starred in, written and produced movies (Comedian, Bee Movie), directed and produced a Broadway hit (Colin Quinn Long Story Short), and even wrote a best-selling book (Seinlanguage) and a children’s book (Halloween). (DIS), has had the rights to Seinfeld since 2015. Twenty four brand new episodes of the comedy series, Comedians in Cars Getting Coffee by Jerry Seinfeld, that feature Seinfeld joining friends for a cup of coffee and a drive in a classic car, sharing stories along the way, will premiere in installments globally on Netflix starting in 2017, with subsequent installments following in 2018 and beyond. Sign up for our daily Hollywood newsletter and never miss a story. 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