Move aside, "Friends" and "The Office." Netflix now has a new gem — a show about nothing.
The company announced Monday it would start streaming all 180 episodes of "Seinfeld" in 2021, gaining a hugely popular addition to its library as the battle for viewers heats up.
Netflix Inc., which pioneered the binge-watching culture of streaming, was dealt a double blow this summer when it lost "The Office" and "Friends," two of its most popular shows, as their respective owners pulled them to add to their own streaming services.
"The Office" will leave at the end of 2020 to join NBCUniversal's new streaming service, and "Friends" will leave at the beginning of 2020 to join the upcoming HBO Max service.
It's a battle not likely to wane as the streaming TV space grows more crowded. Netflix has created significant momentum with its original shows, but new competitors are constantly popping up, including streaming arrivals from Apple and Disney.
Still, Netflix has a head start in the online space, with its deep library of past and new shows. It struck the five-year deal with Sony Pictures Television for the global streaming rights to "Seinfeld," the Emmy-winning television comedy which aired its final episode in 1998. Terms were not released.
The Los Angeles Times reported Netflix paid well above the speculated $500 million NBCUniversal paid to retake "The Office," and the reported $130 million Hulu parent Walt Disney Co. paid for "Seinfeld." Both of those deals are for U.S. streaming only — Netflix has bought the global rights to show "Seinfeld."
"Seinfeld is the television comedy that all television comedy is measured against," Netflix Chief Content Officer Ted Sarandos said in a statement.
Netflix noted it is still focused on producing its own shows — but it can't ignore the demand for rewatching old hits. The company spent $12 billion on original and non-original programming last year.
Jerry Seinfeld's show "Comedians in Cars Getting Coffee" and his standup special "Jerry Before Seinfeld" are already distributed by Netflix.
SMPTE elects board officers, regional governors
SMPTE®,the home of media professionals, technologists, and engineers, has revealed the board officers and regional governors who will serve terms beginning in January 2025.
Three new officers--Richard Welsh as SMPTE president, Eric Gsell as SMPTE executive VP, and Polly Hickling as SMPTE Education VP--have been elected for a two-year term from Jan. 1, 2025, to Dec. 31, 2026. One SMPTE officer, Lisa Hobbs, will be continuing her service as SMPTE secretary and treasurer for another two-year term. Additionally, Raymond Yeung will be stepping into the role of standards VP on Jan. 1, 2025.
“SMPTE’s membership has spoken,” said SMPTE interim executive director Sally-Ann D’Amato. “These officers have been tasked with an important responsibility, one each of them is prepared to tackle head-on. These next two years are looking bright for SMPTE!”
In addition to the officers, 10 regional governors were elected by the Society to serve two-year 2025-2026 terms.
These include the following regional governors, re-elected to continue their service:
Asia-Pacific Region Governor
Tony Ngai, Society of Motion Imaging Ltd.
EMEA - Central & South America Region Governor
Fernando Bittencourt, FB Consultant
United Kingdom Region Governor
Chris Johns, Sky UK.
USA - Central Region Governor
William T. Hayes, Consultant
USA - Eastern Region Governor
Dover Jeanne Mundt, Riedel Communications
USA - Western Region Governor
Jeffrey F. Way, Open Drives
Also elected were four newcomers to the SMPTE Board:
Canada Region Governor
Jonathan Jobin, Grass Valley
USA - Hollywood Region Governor
Allan Schollnick, Voxx... Read More