“Squid Game” will give Netflix a big profit of 900 million US dollars

Netflix initially estimated that the popular Korean drama “Squid Game” may be worth US$900 million to the company, making it the most valuable streaming TV series in history.

According to Bloomberg News, the production cost of this drama is only 21.4 million US dollars, which is equivalent to 2.4 million US dollars per episode.

Netflix internally estimates that “Squid Game” will bring more than 40 times the cost of value-about 891 million US dollars.

These figures are confidential data of Netflix.

Related Post: The success of “Squid Game” adds 4.4 million subscribers to Netflix .

Last Friday, Netflix fired an employee who leaked the company’s internal data, and he provided the information to Bloomberg.

Netflix’s attorney wrote to Bloomberg, saying that the media agency’s disclosure of the confidential data in the aforementioned data file was “inappropriate”.

Netflix announced last Tuesday that “Squid Game” has officially become the largest TV series ever broadcast by Netflix, with 111 million fans.

According to company estimates, in the first 23 days of “Squid Game”, 132 million people watched “Squid Game” for at least two minutes.

This data surpasses the record set by the hit drama “Bridgerton” (2020) on Netflix.

66% of the audience (87 million people) watched the show in 23 days. (Netflix unilateral data, not verified by a third party.)

Related Post: The record-setting “Squid Game” cost only $21 million in investment.