Don't worry, Netflix may be losing 'The Office' and 'Friends', but it's gaining Seinfeld.

One of the most popular sitcoms in TV history is heading to Netflix in 2021, according to Netflix. The financial terms of the deal, which Netflix struck with Distributor Sony Pictures Television, were not disclosed. The deal will last for five years, according to CNN.
https://www.youtube.com/watch?v=sp_71Ok39Y0&t=672s