Netflix Acquires Global Rights To 'Seinfeld'

After losing two of its most popular TV shows, Friends and The Office, streaming service Netflix has struck a deal with Sony Pictures Television to control the global distribution rights to NBC sitcom series Seinfeld. According to Variety, the five-year deal will begin in 2021 and include all 180 episodes. “Seinfeld is a one-of-a-kind, iconic, culture-defining show,” said Mike Hopkins, chairman of Sony Pictures Television. “Now, 30 years after its premiere, Seinfeld remains centre stage. We’re thrilled to be partnering with Netflix to bring this beloved series to current fans and new audiences around the globe.” Anonymous sources told The LA Times that the deal was worth more than what NBCUniversal paid for The Office rights (US$500 million for five years) and what WarnerMedia paid for Friends (US$425 million for five years), both of which were US-only deals. “Seinfeld” is currently streaming on Hulu in the US as part of a five-year deal that expires when Netflix takes over. If you can't wait two years, Aussies can catch it on Stan between now and 2021. RELATED: '90s Cult Classic 'Face/Off' Is Getting A Reboot