Connect with us

Hi, what are you looking for?

Jewish Business News

Entertainment

Hulu pays North of $120 Million to Live Stream All of Seinfeld

Perhaps Hulu is thinking that Seinfeld will be an anchor program for its service.


seinfeld hulu

Move over Netflix! Hulu has gotten the exclusive rights to live stream all 172 episodes of “Seinfeld.”

Hulu has agreed to pay $700, 000 per episode – according to a report in the Wall Street Journal – but other sources have sited an even higher figure. That comes to a total of $120.4 million. Hard to believe that twenty years on the show is still popular enough to command that kind of money.

Now obviously much of the money will go to the various studios and production companies that own shares in the show. But even if Seinfeld himself is left with as little as 5% of the fee then that will be at least another $6 million to add to his estimated fortune of more than $800 million.

The company tweeted, “In the beginning, there was TV. Yada yada yada. “Seinfeld” is coming soon to #hulu. #HuluUpfront15.” It came with a picture of the show with a caption reading “coming soon.”

Hulu’s SVP, Head of Content, Craig Erwich was joined by iconic comedian Jerry Seinfeld on stage at the Hulu Upfront earlier this week to announce that Hulu had acquired the exclusive SVOD rights to all episodes of the award-winning, hit series Seinfeld.

The series comes to Hulu in a new deal with Sony Pictures Television. Every episode of Seinfeld will be available for Hulu subscribers to stream this June.

The show about nothing was television’s biggest hit in an age before the internet offered live streaming and downloading and the term “binge watching” entered the lexicon. Today, more and more people are “cutting the cord” and dropping cable all together because they can get whatever they want from the Internet.

Perhaps Hulu is thinking that Seinfeld will be an anchor program for its service. The company currently lags far behind Netflix and it certainly does not offer the same quality of original programming that the leading company in its field does.

Can you even name any of Hulu’s original shows?

Now have you heard of “House of Cards” or “Orange is the New Black?” See our point?

1 Comment

1 Comment

  1. bouncepass71

    June 2, 2015 at 4:46 pm

    This seems like a typical bonehead CEO move — “Seinfeld” is free
    everywhere. We have seen all the episodes many times each. Jerry
    Seinfeld himself hasn’t done much of anything since the show’s finale.
    The smarter bet would be on Julia Louis-Dreyfus, who seems to be the
    only show alum still holding up.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Newsletter

Advertisement

You May Also Like

World News

In the 15th Nov 2015 edition of Israel’s good news, the highlights include:   ·         A new Israeli treatment brings hope to relapsed leukemia...

empty

The contract signed between the Israeli government and Pfizer shows clearly and unequivocally that this is a clinical study on humans - The agreement...

Travel

After two decades without a rating system in Israel, at the end of 2012 an international tender for hotel rating was published.  Invited to place bids...

VC, Investments

You may not become a millionaire, but there is a lot to learn from George Soros.

Advertisement
cialis cialis satış