Netflix has found yet another beloved series to add to its collection, landing the global streaming rights to Seinfeld. Hulu currently owns the streaming rights to Seinfeld, paying $150 million annually to Sony Pictures, but the streaming service’s five-year deal with the studio will end in 2021.
Netflix announced it’s new deal with Sony Pictures Television on Monday, and also announced that all 180 episodes of the show will be available to stream on Netflix beginning in 2021. The addition of Seinfeld to its library comes as a major break for the streaming service, which recently lost the streaming rights to The Office and Friends to the studios that own the shows.
“Seinfeld is a one-of-a-kind, iconic, culture-defining show,” Sony Pictures Television Chairman Mike Hopkins said in a statement to the Los Angeles Times. “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.”
Seinfeld is a live-action sitcom which stars comedian Jerry Seinfeld as himself, following the comedian as he navigates through his life in Manhattan. The show ran from 1989 to 1998 on NBC and was still ranked as the number one show on prime time television when it’s last episode aired.
In a statement on Monday, Ted Sarandos, Netflix’s chief content officer, said: “Seinfeld is the television comedy that all television comedy is measured against.”