Fox News Flash top entertainment and celebrity headlines for Sept. 26 are here. Streaming giant Netflix has inked a deal for the rights to the hit sitcom starring Jerry Seinfeld, paying “far more” than half a billion dollars, according to a report Monday. Sony’s A8G 65-inch OLED TV is just $1,500 right now, A killer Lightning Deal that probably won’t last long, Razer’s Blade 15 Advanced gaming laptop with a 300Hz display is $600 off, Sign up for the

How the two 1960 presidential candidates — one in New York, the other in Los Angeles — held an hourlong forum from separate studios. Endorsements. The proceeds of the deal will be divvied up among several entities, including WarnerMedia, CBS, Seinfeld and his co-creator, Larry David — all of whom will share in the revenue after Sony takes its cut as the show’s distributor, the LA Times said. A source told The Wrap on Thursday that the pair could be making between $100 million and $125 million each. It will also be available to stream in 4K. September 16, 2019 All times AEDT (GMT +11). In July, Netflix announced that it also be losing the U.S. streaming rights to "Friends" at the beginning of 2020.

Get our revamped Envelope newsletter, sent twice a week, for exclusive awards season coverage, behind-the-scenes insights and columnist Glenn Whipp’s commentary. The move comes as Netflix, long the master of the streaming domain, faces an uptick in competition from emerging rivals including AT&T’s WarnerMedia, Disney and Apple — all of which are poised to flood the market with new streaming services starting this year. | Cookie Settings. — starting in 2021,” Netflix tweeted alongside a photo of the famous cast jumping around Seinfeld’s imaginary NYC apartment. "It is as fresh and funny as ever, and will be available to the world in 4K for the first time. Terms of Use But the company will continue to license shows from outside suppliers when it’s seen as making sense for its business. “‘Seinfeld’ is a one-of-a-kind, iconic, culture-defining show,” Sony Pictures Television Chairman Mike Hopkins said in a statement to The Times. The “Seinfeld” deal is just for streaming rights. That didn’t stop Netflix from trying to get Seinfeld in the vault. Seinfeld co-owners, including WarnerMedia, CBS, Jerry Seinfeld, and series co-creator Larry David will share in the revenue from the Netflix deal, according to the Times.

From 2021 Seinfeld will be available to watch worldwide on Netflix in a deal that cost the streaming giant a shocking amount. AMC Theatres, the world’s biggest cinema chain, says its cash reserves could be largely depleted by the end of this year or early 2021. Landing “Seinfeld” is a major comeback statement for Netflix, which recently lost the streaming rights to “The Office” and “Friends” to the media conglomerates that own those shows. or redistributed. This story has been shared 725,609 times. “Seinfeld" went off the air more than twenty years ago but the "show about nothing" is still raking in the dough. "Seinfeld," one of the most popular sitcoms in TV history, is heading to Netflix starting in 2021, the streaming company announced on Monday. (Andrew Eccles/NBC/NBCU Photo Bank via Getty Images), Fox News Flash top entertainment headlines for Sept. 26, Why 'The Rock' is endorsing THIS candidate, John Cena marries Shay Shariatzadeh in Florida, Stevie Nicks says she’s ‘pretty sure’ Fleetwood Mac wouldn’t exist if she didn't have an abortion, 'Grey's Anatomy' star Jesse Williams finalizes divorce: Report, Kelly Clarkson kicks off 2020 Billboard Music Awards with Whitney Houston cover, Nicole Kidman says she wasn't 'talented enough' to land Julia Roberts' role in 'Notting Hill', Jenna Dewan poses for fiancé Steve Kazee in sexy lingerie. © 2020 The Hollywood Reporter With Disney+ in the spotlight, Disney revamps its business around streaming. We’re thrilled to be partnering with Netflix to bring this beloved series to current fans and new audiences around the globe.”. That’s when the show’s contract with Hulu (now owned by Disney) comes to an end. "Seinfeld" originally ran from 1989 to 1998 on NBC. The lucrative deals for Friends and The Office also only cover domestic streaming rights. Netflix just forked out “far more” than $730 million to buy the streaming rights to Seinfeld … not that there’s anything wrong with that. Netflix just forked over more than half a billion dollars to buy the streaming rights to “Seinfeld” … not that there’s anything wrong with that. Disney wants to limit profit participation on its new TV shows. By comparison, The Office and Friends moved to NBC's streaming platform and HBO Max, respectively, for similar valuations that only covered domestic.

Netflix is already the streaming home for Seinfeld’s current series, “Comedians in Cars Getting Coffee,” and his stand-up comedy specials. That didn’t stop Netflix from trying to get Netflix in the vault.

Do Not Sell My Personal Information, Your California Privacy Rights All rights reserved. ", Pictured: (l-r) Michael Richards as Cosmo Kramer, Jason Alexander as George Costanza, Julia Louis-Dreyfus as Elaine Benes, Jerry Seinfeld as Jerry Seinfeld After losing popular shows Friends and The Office to rivals, streaming giant Netflix has inked an exclusive deal for “a show about nothing” staring comedian Jerry Seinfeld and his band of misfit friends, Netflix said. The “Seinfeld” deal should not be seen as a departure from that strategy, according to an executive familiar with the matter. The relationship was not a determining factor in “Seinfeld” going to the service, sources said. “All 180 episodes of the Emmy-Award winning Seinfeld are coming to Netflix — worldwide! Friends might be leaving Netflix next year, but the streaming service just landed another giant beloved series: Seinfeld. Hulu bought the rights from Sony Pictures Television, which controls distribution of the show, in 2015 for six years for a little over $130 million, according to a source close to Hulu.

“It is as fresh and funny as ever and will be available to the world in 4K for the first time.”. Thanks for contacting us. Seinfeld creators Jerry Seinfeld and Larry David are set to make $100 million from the deal, according to sources Netflix signed a reported $500 million deal to … The original deal for Seinfeld in 2015 cost Hulu $160 million. This story has been shared 318,315 times.



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