This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Why Seinfeld Is Stuck on Sites About Nothing

Stocks in this article: SNE TWX FOXA NFLX AMZN

PORTLAND, Ore.(TheStreet) -- Fans of Seinfeld are angry this day, my friends: Like old men trying to return soup at a deli.

It's been 16 years since Jerry Seinfeld's little show about nothing aired its last episode on NBC, yet the technology being used to air its reruns is as dated as Jerry's high-waisted jeans, monochromatic shirts and portable phone with extendable antenna. Episodes of Seinfeld have been trapped on DVD and in syndication for years, and the only way to stream them is either through the site of a syndication partner -- like Time Warner's (TWX) TBS, for example -- or through Sony Pictures Entertainment's (a unit of Sony  (SNE)) Crackle site and app. Even there, you can only view 10 episodes at a time.

In either scenario, fans are streaming episodes trimmed for syndication and laden with as many commercials as they'd see during their broadcast time slots. At a time when viewers can watch the entire run of AMC's Breaking Bad on Netflix  (NFLX) without commercials and can binge watch HBO's The Sopranos through Amazon  (AMZN) without interruption, commercial-laden Crackle is about as good a vehicle for Seinfeld as the '90s Saab that Jerry drove in his sitcom.

However, the winds of change are finally blowing against the windows of Monk's Cafe. When asked during a Reddit Ask Me Anything session last month if his show would ever make it to Netflix, Jerry Seinfeld replies "You are a very smart and progressive person. These conversations are presently taking place."

In the meantime, why is Seinfeld -- one of the most critically acclaimed and watched shows in television history -- lingering in technological purgatory? As always, the answer lies beneath a large pile of money.

Distribution deals through both Sony and Time Warner have been incredibly kind to Seinfeld and its namesake. It made more than $3.1 billion in syndication since the last episode aired in 1998. Any single episode of the show's 180-episode run has generated $17 million during that span. The last syndication cycle alone earned Seinfeld and co-creator Larry David $400 million apiece.

Just to put those earnings into perspective, Electronic Arts  (EA) -- the video game producer perhaps best known for its Madden NFL series -- made just $2 billion since 1998. Since the Bureau of Economic Analysis changed the way its calculates of the nation’s gross domestic product last year, long-running shows like Seinfeld now qualify as investments. It's part of a $70 billion corner of the economy.

Read MoreEmpty Shelves, Broken Promises At Walmart, Kmart, Sears

1 of 2

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 17,804.80 +26.65 0.15%
S&P 500 2,070.65 +9.42 0.46%
NASDAQ 4,765.38 +16.9840 0.36%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs