If you are a provider of streaming content, you want popular shows. This wins you subscribers and still other shows. Hopefully it makes you the king of streaming. When Netflix finally brought Friends to its subscribers, fans watched and many joined just to see the show. At one point it was rumored that Netflix could also get Seinfeld, but now it appears that the company is no longer interested. According to a report the streaming rights war for this popular show is being fought between Amazon, Hulu and Yahoo at the moment.
The Wall Street Journal reports that Amazon, Hulu and Yahoo are all trying to get their hands on the streaming rights for this NBC classic. A show about nothing. Distribution is handled by Sony Pictures Television, but Warner Bros. will make a lot of money off of it, no matter who gets it since it owns the production company Castle Rock Entertainment that produced Seinfeld.
Apparently Sony is asking for as much as $500,000 per episode or higher. Not bad for a show about nothing. There are 180 episodes in the entire series, so that works out to $90 million. Streaming providers have payed this kind of fee before. Netflix reportedly paid $500,000 per episode for Friends. The Journal says that Netflix took a “hard look” at Seinfeld before backing down. A deal with someone is expected to be announced in the next few weeks.
Source UbergizmoFiled Under: Entertainment News