Netflix Lands 'Seinfeld' Rights in $500M-Plus Deal After Losing 'Friends' and 'The Office'

Netflix has landed worldwide rights to the iconic sitcom in a five-year deal with distributor Sony. The show will move from current rightsholder Hulu when its deal is up in 2021. Sources tellthat the new Seinfeld streaming deal is worth more than $500 million and covers global rights.

By comparison, The Office and Friends moved to NBC's streaming platform and HBO Max, respectively, for similar valuations that only covered domestic. The deal, sources stress, was competitive with Netflix beating out rich offers from the likes of Amazon, NBC's streamer, HBO Max, Hulu and CBS All Access.

Never watched it and don't plan to...

“WHAT’S THE DEAL... WITH ALL THESE STREAMING SERVICES...? I MEAN, C’MON...!”

Seinfeld is on Hulu!!?

👍

Too late. I already own the dvd box set.

The only good part of Seinfeld's main cast was Elaine and (sometimes) Costanza. Fight me.

So are we gonna pretend it wasn’t on Hulu the past few years or....?

The SaveSpiderman issue is NOT SonyPictures's fault. It seems that Netflix is easy to deal with than Disney MarvelPictures KevFeige! So Seinfeld soars further than Spiderman in the MCU. SaveSpidermanFromDisney!

Very good. Thank you, THR, you are very nice. The truth must be told or else... (obvious relevance).

😭😭💔💔💔 I11t__

Really netflix...really 🤔

Awesome can’t wait to see all the episodes

Netflix trying to stay relevant by any means necessary lol

This news is meh to me but I'm sure those who watched The OA have thoughts on this. Heh. SaveTheOA

Jerry is going to be even richer with this deal! Why are reruns so lucrative? People sit around and watch old shows? I’m confused by this!

Hahaha, I can buy the whole series on Amazon for just $72 and watch it whenever I want, regardless of internet speeds. $500m, oh man, Netflix is so going to get bought by someone else in less than 2 years when they spend like that.

You can’t binge Seinfeld the way you can Friends. You can fall asleep on Friends. Seinfeld is stressful. You can’t sleep on Seinfeld.

Seinfeld is not worth that much

ALL THE MONEY

What a COLOSSAL WASTE OF MONEY! This sort of shit is why I cancelled my subscription. How many other things could that have produced? Originals, other older show rights? Ugh. netflix is run by idiots.

Not changing my mind when that money could have been spent on great original content. No offense to Seinfeld fans. OA SaveTheOA

Good, keep everything JerrySeinfeld in the netflix family -- I want more cicgcshow!

Awesome show 🤩

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