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Why Did Ending Seinfeld on Top Keep Paying?

Ben Gilbert says it is the taste left in people's mouths. David Rosenthal says that is why, three decades later, Netflix has paid a billion dollars over a decade to the people who own Seinfeld. David Rosenthal says the show stayed culturally relevant because Jerry Seinfeld got off the stage while the audience was still screaming. Leave then, Jerry says, and they never forget you.

David Rosenthal estimates that Jerry Seinfeld has earned somewhere around three quarters of a billion dollars from syndication sales, DVD sales, and other back-end deals over the past 30 years. David Rosenthal argues that a huge part of that value was set up and protected by the Christmas 1997 decision to end the show and go out on top. In the 28 years since Seinfeld ended, and the 31 years since it first entered syndication, the show never went off the air. Interest and viewership stayed very high. Ben Gilbert has seen estimates of 3x to 5x as many people watching after the finale as while the show was on the air. The majority of Seinfeld's audience came after that Christmas decision.

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More from this episode

  1. Why Did Jerry Seinfeld Insist on Playing Himself?Ben Gilbert says Jerry Seinfeld decided that whatever format the project took, he would play himself.
  2. How Much of Seinfeld Did the Creators Keep?David Rosenthal says it is reported that Jerry Seinfeld and Larry David each own 15% of Seinfeld. He says they have all the leverage.
  3. Why Did Seinfeld Turn Down Fox?Ben Gilbert says Jerry Seinfeld and Castle Rock took NBC's four-episode deal after Fox guaranteed 24 episodes.
  4. Why Do Seinfeld Episodes Freeze Before They Resolve?David Rosenthal says Seinfeld keeps the same people and the same rooms across years, and nobody grows. Jerry is always Jerry. George is always George.
  5. How Did Editing Let Seinfeld Tell the Contest?Ben Gilbert says Seinfeld episodes are not live camera switched. They are edited afterward.
  6. How Did Seinfeld Grow Past Cheers on Thursday Nights?David Rosenthal says that in February 1993, Seinfeld moved from Wednesday to Thursday and the ratings rose 57%.
  7. Why Can You Watch Seinfeld in Any Order?David Rosenthal calls Seinfeld the most perfect syndication show ever created.
  8. How Did Seinfeld Reruns Beat Live Shows?David Rosenthal says Sony, which he also calls Columbia, earned its keep on the first syndication cycle of Seinfeld.
  9. How Much Seinfeld Money Did Castle Rock Sell Away?Ben Gilbert says Castle Rock sold to Ted Turner in December 93 for about $400 million.
  10. How Much Did Jack Welch Offer Jerry Seinfeld?David Rosenthal says Jack Welch told Jerry Seinfeld the show had not peaked.
  11. Why Did Castle Rock Lose Money on Seinfeld on Purpose?David Rosenthal closes the books on Seinfeld's first run on NBC. Ben Gilbert says to leave syndication out.
  12. Why Did Michael Richards' Remarks Threaten Seinfeld?Ben Gilbert says Michael Richards' racist stand-up remarks in 2006 were a problem for the Seinfeld business.
  13. Why Did Netflix Pay Sony So Much for Seinfeld?David Rosenthal says in 2019 Netflix paid Sony a reported sum well over 500 million dollars for five years of worldwide exclusive streaming rights to Seinfeld.

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