Hulu Acquires Rights for Running Seinfeld

Hulu Acquires Rights for Running Seinfeld

Seinfeld is among one of the most popular TV series of the 90s. While it may have been popular back then, Hulu still seems to be among the greatest fans of the series as it has signed a deal of streaming all of its episodes for a massive $180 million.

Consisting of 180 episodes in total, it is believed that each and every episode of the series is going to cost just about $1 million for Hulu to stream online, which is indeed a huge amount for any show. However, this massive sum of money will provide all the rights of showing the series exclusively to Hulu for quite a long period of time.

The best thing about Seinfeld fans is that they will get to binge watch the show for the first time ever. Until now, only some of the episodes of the show were shown on air regularly on Sony’s Crackle.

This trend of online streaming companies acquiring rights to run a series is not a new one. Back in October 2014, all the rights of showing all the episodes of Friends were acquired by Netflix. Every episode of Friends costed around $500k per installment. Hulu has previously purchased CSI for $120 million as well.

However, the biggest deal was made by FXX when it acquired all the episodes of The Simpson’s for a total amount of $750 million in 2013.

Seinfeld remained the most viewed show for a considerable period of time, with 30 million people watching its every episode at the same time.

 

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