'Seinfeld' Reruns Rake In $2.7 Billion

"Seinfeld" might be the show about nothing, but it's also made an incredible $2.7 billion since it went off the air 12 years ago, according to Time Warner, which owns the series. That makes "Seinfeld" the most profitable 30 minutes in TV history. Creators Jerry Seinfeld and Larry David have made multimillions from syndication alone.

Details of the huge sums were buried in a report of the conference carried by the trade magazine The Hollywood Reporter. The main idea of the conference was for Time Warner to brag to potential investors how well the company is doing. The numbers indicate that reruns on regular TV have grossed $2.3 billion since 1998. Revenues from cable were about $380 million, execs reported. "Seinfeld" made 180 episodes during its nine-year run -- which means that each half-hour episode has earned more than $14 million so far.

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Tags: television
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