Hulu may have the exclusive streaming rights to Seinfeld, but that hasn’t stopped the show’s iconic eponymous star and creator, Jerry Seinfeld, from signing a new deal with Netflix. According to THR, Seinfeld has just made “a multifaceted production deal” with the streaming giant, which includes his popular Crackle series Comedians in Cars Getting Coffee and is estimated at upwards of $100 million.
In addition to 24 new episodes of Comedians in Cars, Netflix will also air two new exclusive stand-up specials. Seinfeld will also have a hand in developing scripted and unscripted Netflix programming. There are reportedly more elements of the new deal that have yet to be announced.
Netflix won’t just get new Comedians in Cars episodes, either. The 59 episodes of the show that have already been made will move from their current home on Crackle to Netflix. Here’s what Seinfeld himself had to say about the news:
“When I first started thinking about Comedians in Cars Getting Coffee, the entire Netflix business model consisted of mailing out DVDs in envelopes. I love that we are now joining together, both at very different points. I am also very excited to be working with Ted Sarandos at Netflix, a guy and a place that not only have the same enthusiasm for the art of stand-up comedy as I do, but the most amazing technology platform to deliver it in a way that has never existed before. I am really quite charged up to be moving there.”
