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KumagawaUshio t1_j65qozv wrote

In 2022 Seinfeld had 19.3 billion viewing minutes on Netflix (https://twitter.com/TVGrimReaper/status/1618712254454837248) That's 8th place for the year of shows on Netflix and beats Wednesdays 18.6 billion minutes.

Netflix agreed to pay $100 million a year for 5 years for 176 episodes or less than $600,000 an episode per year.

I don't know Wednesday's cost but unless season 2 releases in 2023 it's not going to chart in 2023 while Seinfeld will and will continue to do so for each of its 5 years.

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im_a_dick_head t1_j661edg wrote

"beats Wednesdays 18.6 billion minutes"

Yes but also 1 year of Seinfeld vs. 2 months of Wednesday

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rcanhestro t1_j665bvy wrote

i think, in a way, it's the point, Seinfeld is never (or hardly ever) in the top charts, but it's watched a decently a lot the entire time, meanwhile shows like Wednesday, Squid Game, Stranger Things, etc, will have huge numbers for 1-2 months, but later on will fall a lot (once everybody is done watching).

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wednesdayware t1_j66guat wrote

And how many minutes will Wednesday get 3 years from now when it’s not the new thing?

Cuz Seinfeld will still be racking up those numbers.

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im_a_dick_head t1_j66sk58 wrote

Season 2 will definitely get more than season 1, and I'm sure numbers will still go up plenty over time.

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wednesdayware t1_j673bns wrote

My point stands. Seinfeld will have far more minutes in 5 years time.

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im_a_dick_head t1_j674is9 wrote

okedokee

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wednesdayware t1_j67as93 wrote

It’s cool if you disagree. Wednesday is a hit right now, but unlikely anyone will care about it a couple of years. Seinfeld has stood the test of time.

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KumagawaUshio t1_j665jnu wrote

Seindfeld has consistent viewership its going to be just as viewed in 2023 as it was in 2022 while Wednesday will need to wait for a second season.

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Prax150 t1_j65t63g wrote

I doubt any mainstream show is made for under a million bucks an episode these days. And Wednesday was basically a guaranteed hit from the beginning, I haven't seen it but I'm sure they spent a lot of money on it. Comparatively, Netflix is definitely getting their money's worth on Seinfeld.

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MuteasaButton t1_j66jged wrote

I don’t know if Wednesday was a “guaranteed hit from the beginning”, there’s always a risk element with new shows. I mean, from a month out from their respective premieres, Wednesday and Velma could have been equally good/bad for all we knew.

I agree with you, though, that Seinfeld is definitely justifying Netflix’s investment. There are a limited number of sure things in TV right now, and Seinfeld reruns are one of them.

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Prax150 t1_j6ig9d9 wrote

Netflix's algorithms clearly aren't perfect based on the way the handle their originals, but once in a while I think you can tell when they really believe in a show and want to make it work. Wednesday actually had buzz going in and they actually seemed to market it a bit, at least compared to other shows and movies that just drop without a notice on there. The Hollywood marketing machine has really ensured Jenny Ortega became a thing too. I think when something like this happens Netflix knows a show will be a hit.

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Bright_Beat_5981 t1_j66r9nt wrote

One thing about that is that i think those wednesdays minute are more worth in other ways. Maybe its harder to measure and more of my opinions than fact. But I dont think people are getting netflix for seinfeld in the same way as they do with wednesday. I really dont know what streaminservices have what old sitcoms. I just check around and there it is. I think that the office for exampel is both on prime and netflix where I live. I dont think it builds the netflix brand in the same way either. People are associating netflix with Wednesday, Stranger things and Ozark. And they know that they will never be able to see them anywehere else. It also give people hope and expectations. "If they can produce that they can create something really great again" .

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KumagawaUshio t1_j66zhvp wrote

You subscribe to Netflix for a month to binge the 8 episodes of Wednesday but you stay subscribed to watch the 170+ episodes of Seinfeld or what ever long running sitcom or drama they are licencing at the time.

The same with Disney+ having The Simpsons, Family Guy etc.

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Cool-Ad8928 t1_j672slx wrote

Retaining an existing client is cheaper and equally (if not more) important than gaining a new one. Repeat business is the name of the game.

A Mercedes commercial for example - they don’t air during the Super Bowl to convince a GMC Denali driver to buy a Mercedes, they air to remind Mercedes drivers how great their car is and what’s new so they renew their lease.

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Bright_Beat_5981 t1_j699psi wrote

Like when netflix put all their new big shows on billboards instead of seinfeld? Premiere in 5 days , dont cancel your subscription.

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