Hulu paid $180 million for every episode of Seinfeld
Hulu is banking on you, like, really wanting to watch Seinfeld.
If you ever thought Hulu was only half-heartedly committed to winning the streaming TV wars, think again: the online service just slapped down “just under $1 million per episode”, securing the rights to every minute of Seinfeld ever aired.
According to a report from Variety, Hulu cut a deal with Sony Pictures TV the rights to NBC’s enduring comedy, seemingly beating out competing offers from the likes of Amazon and Yahoo. An official announcement is expected on Wednesday.
All the talk with Netflix and Amazon Prime Video might be about original content and new-release movies, but if this deal — and Netflix’s deal to get Friends — is anything to go by, it seems that the hottest property in binge-watching is still ‘90s sitcoms.