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.
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.
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