Why is it that Jerry Seinfeld, the American actor who had a hit 1990s TV show named after him, is always smiling? It could be because he is party to a little secret that has just been disclosed – that his show, Seinfeld, has made $2.7bn in repeat fees since it went off the air 12 years ago.
The astonishing figure was revealed by Barry Meyer, chairman of Warner Brothers Entertainment, which has the rights to the Seinfeld series. He told a recent conference in New York of potential investors in Time Warner that the company’s backlist of titles was a “library that keeps on giving”.
Full Story: TV show Seinfeld earns $2.7bn from reruns | Television & radio | guardian.co.uk