Netflix About to launch a librarySeinfeld‘, giving fans of the beloved NBC series a chance to binge-watch and renew their love for the show that made Jerry Seinfeld one of the biggest names in television comedy.
At its peak, “Seinfeld” was the most popular television show by any measure, lasting nine seasons with a total of 180 episodes. The massive streaming deal to acquire the Seinfeld bookstore will definitely put the comedian’s pockets in, which isn’t surprising given that the show has been doing so for several decades now.
In 1997, prior to the show’s final season premiere, Entertainment Weekly How profitable was the offer for the network. NBC reportedly earned about $200 million annually in gross revenue from “Seinfeld,” with commercials running in-stream at an estimated cost of $550,000 for 30 seconds. The outlet reported that the show itself was made for about $2 million per episode or roughly $50 million per season. So, with a whopping $150 million in profits, she had some money to throw away. Those costs were increased last season, costing the network nearly an additional $30 million per season. However, that still meant that for the most part of the show, it was basically a comedic cash cow.
As a result, the cast was made like bandits, with supporting cast members Michael Richards, Julia Louis-Dreyfus, and Jason Alexander reportedly earning salaries in the hundreds of thousands. Meanwhile, Jerry is reported to have signed a deal for $1 million per episode (the first TV actor to earn such a high salary) in light of his production work. Thus proving that it literally pays to have your name on a TV show.
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However, that doesn’t mean Jerry has been making a lot of money per episode for all nine seasons. In fact, this million dollar standard was only for season 9. Back during the first 5-episode season, celebrity net worth She reported that the actor and comedian were only making about $20,000 per episode. While that’s not something to scoff at, it’s still a long way from what he’s going to get in the end. For seasons 3 and 4, that number has doubled. However, by the end of those seasons, it was obvious the value that “Seinfeld” was bringing to the table at NBC, and thus he earned $100,000 per episode for seasons 4, 5, and 6, for a total of 70 episodes. Seasons seven and eight saw another rise to $500,000 once it became apparent that there was no quenching audience demand for the sitcom. Altogether, the newspaper reported, he made $60 million of his salary at Seinfeld alone.
However, the money did not stop flowing there.
According to a 2014 report from EagleThe show went on to participate in 1995, which meant the networks could run a reboot of “Seinfeld” for a penny, which they were all very excited to do. Jerry Seinfeld and co-author Larry David reportedly split the lion’s share of those profits at roughly $400 million annually. This money reflects not only the comedian’s work as an actor, but also the behind-the-scenes stake he had on the show, unlike his co-stars.
In total joint bid, the show was reported to have generated more than $3 billion in revenue. Although not all of that money goes directly to Seinfeld’s wallet.
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However, it is clear that the comedian and actor has made as much money as he would like from the show. This was demonstrated in 2018 when he became famous for turning down an offer from NBC to reprise his role as an titular character in $5 million payout For a revival in Peacock at a time when shows such as “Roseanne” and “Will & Grace” were experiencing huge success with similar projects.
Seinfeld said, “The most important word in art is ‘proportion’.” New York times in time.
He said at the time, “How many? How many will this joke be? How many words? How many minutes? And getting that right is what makes it art or what makes it humble.”
Therefore, although he made a good amount of money from “Seinfeld”, he can be commended for putting art first. After all, even if he ends his character “Seinfeld,” that doesn’t mean the world is.
That’s why Netflix felt it was a safe bet to get the entire series catalog for a bargain The Hollywood Reporter Estimates are approx 500 million dollars. This price also allows for the show to be broadcast overseas, while similar deals with Hulu only allowed for “Seinfeld” to be broadcast locally.
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Not only will a little of that money Also moved on to Jerry Seinfeld’s pocket, he continues his working relationship with The Broadcaster, who produced his latest show “Jerry Before SeinfeldIn addition to his successful seriesComedians in cars getting coffee. ”