Netflix has acquired the global streaming rights to Seinfeld. The streaming platform announced the news today and revealed all 180 episodes are coming in 2021. The iconic sitcom can now be seen on Hulu, but that is all about to change in the next few years as Netflix continues to compete with the new and current streaming platforms. The news comes as the streaming giant loses the rights to Friends and The Office.

Seinfeld originally ran on NBC from 1989 to 1998 and is one of biggest sitcoms of all time. Some even claim it's the best show of all time. It was big news when the complete Emmy Award winning series came to DVD and then again when it started streaming on Hulu. Now, Netflix is proud to be the ones bringing Jerry, George, Kramer, and Elaine to a new audience around the world. Ted Sarandos, Netflix's chief content officer released a statement, which you can read below.

"Seinfeld is the television comedy that all television comedy is measured against. It is as fresh and funny as ever and will be available to the world in 4K for the first time. We can't wait to welcome Jerry, Elaine, George and Kramer to their new global home on Netflix."

Netflix is out to compete with Disney, Apple, WarnerMedia and Comcast. Friends is moving to HBO Max, while The Office is heading over to Comcast's new streaming service. So, getting Seinfeld is a pretty big deal and one that will surely make current and future subscribers very happy, especially since it will be in 4K. Mike Hopkins, chairman of Sony Pictures Television also released a statement. He had this to say.

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"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."

Netflix reportedly paid $100 million to keep Friends through 2019, which means that obtaining Seinfeld was not cheap. Details surrounding the deal have not been disclosed, but one can imagine that the streaming platform had to hand over some serious cash to get the show and have the rights to stream it all over the world. Hulu reportedly pays $160 million a year to keep the show streaming. However, those numbers have not been confirmed.

Seinfeld will undoubtedly see a resurgence in popularity in 2021 when it arrives on Netflix. Jerry Seinfeld already has a deal with the streaming platform with his Comedians in Cars Getting Coffee series, which just premiered season 11 over the summer. For now, Hulu will continue to stream the episodes through 2021. Netflix has yet to announce an official launch date for their global Seinfeld takeover, but it will more than likely start at the beginning of the year. You can check out the official announcement below, thanks to the Netflix Twitter account.

Kevin Burwick at TVweb
Kevin Burwick