Netflix’s ‘Squid Game’ is reportedly worth almost $900 million
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Scene from the Netflix series “Squid Game”.
Netflix
NetflixThe TV’s most popular show “Squid Game” will reportedly generate almost $900 million, according to internal documents reviewed by Bloomberg
It comes just days after the company announced that the news was coming. South Korean series became its biggest series launch everIt has had 111 million global viewers since Sept. 17, its release. Squid Game won out over “Bridgerton,” reaching approximately 82,000,000 households in the first 28 days of its existence on the platform. Netflix spent $21.4 Million to make “Squid Game.”
Bloomberg stated that the numbers show that at least 132,000,000 people watched the series within the first 23 days. According to Netflix, 89% of viewers watched at least one episode after they started the series.
The “Squid Game,” a dark dystopian show that chronicles fictional contestants competing in games for children, aims to win money and repay mounting debt. If they lose a contest, contestants can be killed.
This month was earlier. South Korean internet provider sued NetflixAfter it was deemed popular, there was a spike in network traffic.
Netflix, which has been investing heavily in foreign-language programs like “Money Heist”, has made a big bet on international growth over the past few years. It stated earlier in the year that it plans to spend $500 million to develop content in South KoreaPayed subscribers in the area of, amounted to over 3.8 million as at last year’s end.
Some other companies DisneyAlso, stepped up production efforts in Asia and abroadIn China, production costs can be much lower than those in the U.S.
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