In a half billion dollar deal, Netflix bought the worldwide rights to the infamous show "Seinfeld".
The deal is a five year deal. Currently, Hulu owns the rights to the show, but that deal ends in 2021 and then Netflix will pick it up.
In addition to Hulu, Amazon, NBC, HBO Max, and CBS All Access were among the streaming platforms that tried to grab it.
For more story details, read this Los Angeles Times Article.
