Seinfeld inspired a bidding war between streaming services, ultimately seeing Netflix triumph over Hulu to win the rights of the series.
Seinfeld has jumped around the streaming services for a while, but is making its way to Netflix. Before the series can do this, it must exit its current home, Hulu. Given the series is one of the most successful ever, and has been named in the Top 10 series of all time by Entertainment Weekly and Rolling Stone, it is no surprise this was a big deal in the TV world. Seinfeld is leaving Hulu because its contract with the streaming platform is up. The streaming rights for the show were acquired by Hulu back in 2015, with various sources reporting the cost at between $130 million to $180 million. The show began streaming on the platform on June 24, 2015. However, the contract was not a forever-deal, and now the show will cease to be shown on Hulu from midnight on June 23, 2021.
