How Watching Seinfeld Reruns Supports Steve Bannon

By watching that episode about a rabid anti-dentite, you're indirectly supporting a (alleged) rabid anti-Semite. Fusion reports new Donald Trump strategy chief Steve Bannon gets royalties every time a rerun of Seinfeld is aired. Back when he was an investment banker, Bannon's firm was involved in Ted Turner's purchase of Castle Rock Entertainment, as Bloomberg reported last year. His firm waived its full fee at the time, instead agreeing to take a stake in five shows, one of which was Seinfeld. The show was in its third season at the time, and was seen as the least valuable of the five. “We calculated what it would get us if it made it to syndication,” Bannon said. “We were wrong." (More Stephen Bannon stories.)