Hulu just bought all the 'Seinfeld' reruns
NBC/"Seinfeld"
The deal is one of biggest digital acquisitions ever for the company, with Variety reporting its value at "just under a million per episode, which translates to a $180 million windfall to be split by distributor Sony TV, Time Warner's Castle Rock and 'Seinfeld' profit participants, including star/co-creator Jerry Seinfeld and co-creator Larry David."
A person with knowledge of the agreement told the Journal that the deal would mean each episode is valued at approximately $700,000.
Netflix initially expressed interest, but wound up spending about $118 million on another 90's sitcom, "Friends," instead. Amazon and Yahoo were also said to be interested.
Select episodes of "Seinfeld" had been previously available online through Sony's Crackle video platform, but this marks the first time the series will be available digitally in its entireity.
For those who prefer the traditional route, "Seinfeld" will still air in rapid succession on TBS until further notice.
- Indian markets could recover on Monday but earnings, global cues will decide the rest of the week, say experts
- Top temples to visit in India you must visit atleast once in a lifetime
- Top 10 adventure sports across India: Where to experience them in 2024
- Market recap: Valuation of 6 of top 10 firms declines by Rs 68,417 cr; Airtel biggest laggard
- West Bengal Elections: Rift among INDIA bloc partners triggers three-cornered intense contests
- Nothing Phone (2a) blue edition launched
- JNK India IPO allotment date
- JioCinema New Plans
- Realme Narzo 70 Launched
- Apple Let Loose event
- Elon Musk Apology
- RIL cash flows
- Charlie Munger
- Feedbank IPO allotment
- Tata IPO allotment
- Most generous retirement plans
- Broadcom lays off
- Cibil Score vs Cibil Report
- Birla and Bajaj in top Richest
- Nestle Sept 2023 report
- India Equity Market