For a long time, Seinfeld could not be found anywhere on streaming services. That is until HULU paid their way to stream the classic NBC show exclusively.
It seems like Jerry, George, Eliane and Kramer will find their way on Netflix starting in 2021, thanks to a 5-year deal with the streaming giant. This would effectively end their run on HULU, considering they outbid the company.
Amazon, WarnerMedia, NBCUniversal and Viacom all lost out on bidding as well.
Netflix is reported to have paid north of $500 million to retain the cult series in hopes to keep some fans around when other services pop up and start crowding the landscape.
With Apple TV+, Disney+, HBO MAX and other services getting ready to takeover the streaming game, it is crucial for Netflix to keep up with the big series, considering they are losing out on Friends and The Office for the future.
All episodes will be broadcast in 4K and be available globally on the platform.