Skip to main content

Jerry Seinfeld regained his spot at the top of Forbes' highest-paid celebrities list, earning $69 million from June of 2016 to June of 2017, joining the ranks of comedians who make Netflix (NFLX) - Get Netflix, Inc. Report specials their bread and butter.

Seinfeld and second-place Chris Rock both have Netflix to thank for their enormous success, Forbes said. Seinfeld's "Comedians in Cars Getting Coffee" and Rock's stand-up specials earned them sizable paychecks.

Seinfeld, Rock and peer Dave Chapelle each negotiated $20 million contracts for stand-up specials with the streaming service.

"If [comedy specials] were drivers for subscriptions on cable, they would be the same for the streaming world," eMarketer analyst Paul Verna said. Netflix's $6 billion streaming budget allows it to shovel out big bucks for specials like Seinfeld's.

Scroll to Continue

TheStreet Recommends

Syndication checks from all those "Seinfeld" reruns don't hurt the show's namesake comedian, either. The Comcast-owned (CMCSA) - Get Comcast Corporation Class A Report NBC show ended almost two decades ago, but still runs regularly.

More of What's Trending on TheStreet: