'Seinfeld' will move to Netflix in 2021

Carla Harmon
September 17, 2019

The planning of this expansion is essential for Netflix, as "Seinfeld" will go to air that year that the streamer loses one of its most-watched bits of substance: re-keeps running of "The Office".

Nabbing the rights to "Seinfeld" is a big boost for Netflix, which has suffered the losses of two popular licensed shows in "Friends" and "The Office" in recent months.

Netflix will still carry the show for more than a year, but NBC isn't extending the license further with NBCUniversal's streaming service launching in 2020.

While details of how much Netflix paid to host the show were not officially disclosed, sources say that the deal could have cost Netflix a massive $425 million.

All 180 episodes of "Seinfeld" are coming to Netflix (NASDAQ:NFLX), the streaming platform announced Monday after striking a deal with Sony Pictures Television.

Compiled by Leandra Engelbrecht.

The iconic "show about nothing", whose episodes are now available to stream on Hulu, will move to Netflix the year after next.

"Seinfeld is a one-of-a-kind, iconic, culture-defining show", Sony Pictures Television Chairman Mike Hopkins said in a statement. Hulu remastered the show into an HD, widescreen format, and Netflix will be presenting the entire series in 4K. "Now, 30 years after its premiere, Seinfeld remains center stage".

As great for Netflix, both cord-cutters can see their Seinfeld-streaming experience degraded by the change on the platform.

The streaming service has acquired exclusive streaming rights to the show starting in 2021. After the deal with Hulu ends in June of that year, the deal with Netflix will kick in.

Other reports by iNewsToday