It looks like Netflix will be losing their license to stream the sitcom “Friends” at the end of the year. This is sad news for many as Friends is one of the more popular sitcoms from several years ago and continues to be loved today. However, there is some good news for those who love sitcoms from that era.
While Netflix might be losing Friends, they will be gaining another classic sitcom. That would be Seinfeld. The series will be arriving on Netflix in 2021 thanks to a new licensing deal that Netflix has arranged with Sony for a five-year period.
Right now, Hulu is the current rights-holder to Seinfeld until 2021, but it will soon be moving to Netflix. Sources claim that the deal is worth as much as $500 million and will cover global rights, which means that Netflix subscribers around the world will be able to watch it.
Netflix’s chief content officer Ted Sarandos says, “Seinfeld is the television comedy that all television comedy is measured against. It is as fresh and funny as ever, and will be available to the world in 4K for the first time. We can’t wait to welcome Jerry, Elaine, George and Kramer to their new global home on Netflix.”
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