Netflix Acquires Global Rights to 'Seinfeld'

Netflix Seinfeld Cost Price info details

Netflix Seinfeld Cost Price info details

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 was "particularly aggressive" in its attempts to box out other streaming services for rights to the show, the Times reported, beating out rival bidders that included Hulu, WarnerMedia, and NBCUniversal, among others. The Seinfeld page at Hulu now serves users on the landing page to navigate the almost 200 episodes of the show. It's why Netflix has reportedly paid over $500 million to secure the rights to the show for five years, starting in 2021.

This comes after it was announced that Friends and The Office will be leaving the streaming service in 2020 and 2021.

"'Seinfeld" is a one of the best, culture-defining show, iconic", Mike Hopkins Chairman of Sony Pictures Television said in a statement.

"Seinfeld is the television comedy that all television comedy is measured against", Netflix's chief content officer Ted Sarandos said as quoted in media reports.

Netflix fought off bids from Hulu, Amazon, WarnerMedia, NBCUniversal and Viacom to land Jerry Sienfeld's titular classic 1990s sitcom, which co-starred Julia Louis-Dreyfus, Michael Richards and Jason Alexander.

Seinfeld, which turned 30 this year, originally had a 4:3 aspect ratio and came in standard definition.

Its purchase of the streaming rights to "Seinfeld", meanwhile, suggests that the company is still counting on blockbuster shows to pad its roster of original programming, which includes cash cows like "Stranger Things", "Black Mirror" and "The Crown". "It's as contemporary and humorous as ever and shall be out there to the world in 4K for the primary time". However, with Netflix continually updating its platform to add more user-specific features-like the latest tab on a fresh, upcoming and trending page, which can be ignored or missed otherwise, on a dedicated page-it is not completely out of touch that a Hulu-like function can appear on its platform.