Netflix nabs Seinfeld streaming rights in $500 million-plus deal:
This deal will likely come as a blow not only to Hulu, which currently holds U.S.Netflix beat out bids from not only those two streamers, but also from WarnerMedia, NBCUniversal, and Viacom, which merged with CBS and therefore controls the streaming platform CBS All Access.
Both WarnerMedia and NBCUniversal are launching streaming platforms of their own, and recently poached several NBC hits back from Netflix: WarnerMedia’s HBO Max will soon become home toback to the Peacock as one of its strongest properties. As the streaming wars intensify, beloved sitcoms have become fodder for some lucrative deals: HBO Max was expected to gain streaming rights to both
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