Seinfeld is coming to Netflix just in time to fill the hole that Friends is leaving behind.
The battle of the streaming services continues!
While Netflix continues to release original movies and series at a near absurd rate, many of its most popular shows have tended to be network legacy shows. However, with more and more studios deciding to enter the streaming service fray, Netflix has slowly been losing the shows which tend to attract the most viewers to its service.
Earlier this year, NBC announced that it would be taking back The Office in 2021 when it launches its own streaming service, while Friends will be leaving Netflix in 2020 to move over to the newly launched HBO Max.
However, it seems as though Netflix has managed to stop the hemorrhaging of legacy shows when it announced earlier today that it landed the streaming rights for Seinfeld starting in 2021.
All 180 episodes of the Emmy-Award winning Seinfeld are coming to Netflix — worldwide! — starting in 2021 pic.twitter.com/tLvcCKH4vl
— Netflix US (@netflix) September 16, 2019
Seinfeld is currently available to stream on Disney-owned Hulu (previously owned by WarnerMedia). The show was originally slated to move to HBO Max — right alongside that other ’90s fan favorite sitcom, Friends — when the Hulu contract expired at the end of 2020. However, it appears that Netflix came out on top for bids to acquire the global streaming rights.
Though it’s currently unclear how much Netflix paid for Seinfeld, it’s rumored to be in the same ballpark as WarnerMedia’s deal for Friends, which clocked in at a whopping $425 million.
Sony Pictures Television chairman Mike Hopkins told the Los Angeles Times that “Seinfeld is a one-of-a-kind, iconic, culture-defining show. Now, 30 years after its premiere, Seinfeld remains center stage. We’re thrilled to be partnering with Netflix to bring this beloved series to current fans and new audiences around the globe.”