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Netflix Projects ‘Squid Game’ Will Generate $891 Million in Value, According to Leaked Data

Netflix Projects ‘Squid Game’ Will Generate $891 Million in Estimated Value, According to Leaked Data

10/17/2021 7:13:00 AM

Netflix Projects ‘Squid Game’ Will Generate $891 Million in Estimated Value, According to Leaked Data

“Squid Game,” the hyper-buzzy Korean drama that has become Netflix’s biggest-ever TV show, is on track to deliver an astounding payback for the streaming service, according to the…

Saturday, citing confidential internal data that someone provided to the outlet.Netflix did not immediately respond to a request for comment. According to Bloomberg’s report, a lawyer for Netflix told the news outlet that it would be “inappropriate” for Bloomberg to publish the confidential data contained in the documents.

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On Friday,Netflix fired an employee who admitted they downloaded internal dataand shared it outside the company, which is a violation of the streaming giant’s policies. The info included financial data for “Squid Game” and Dave Chappelle’s stand-up special “The Closer,” for which Netflix allegedly paid $24.1 million. The Chappelle special has become a lightning rod for critics upset about his homophobic and transphobic comments in “The Closer” and has led to a planned employee walkout on Oct. 20. The Netflix employee who leaked the data may have been motivated by a desire to tarnish the company’s image, by revealing that it paid more for “The Closer” than “Squid Game,” its new top-performing worldwide hit. The pink-slipped staffer was the only employee who had accessed data for the programming that was later cited by Bloomberg.

In the 23 days since the Sept. 17 debut of “Squid Game,” 132 million Netflix households streamed at least two minutes of the show, according to Bloomberg’s report. About 89% of those viewers watched at least 75 minutes (i.e., more than one episode) and 66% of them — or 87 million — finished the entire series within the first 23 days of its release. Overall, Netflix users streamed more than 1.4 billion hours of “Squid Game” over that 23-day period. (Note that Netflix’s measurements aren’t verified by a third party.) headtopics.com

In “Squid Game,” set in modern-day South Korea, 456 desperately debt-stricken contestants compete in a deadly competition of mysterious origin, pitting them against each other in a series of children’s games for the chance to win 45.6 billion won (about $38.5 million) in prize money.

Read more: Variety »

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EvieThats They made a killing off this movie! EVEN THOUGH I PAY FOR Netflix I'M NOT WATCHING THAT SQUIDWARD 😉 SHIT. I DON'T WANT TO READ (Subtitles)A MOVIE/SHOW. And pay $17 in residuals. And then they will make an American version and ruin it Good thing IATSE caved so quick. That’s enough to host a squid game!!!

Damn! That's insane. That’s insane. How does that even work? How do views directly translate into revenue? Curious if these residuals will go towards the crews that make this content 🤔 IASolidarity iatse IATSESolidarity How is that possible? I’m genuinely asking. For the films released on D+ Premier Access its much clearer how they calculate revenue but Netflix, all their content is free outside of the $12 a month to make mmmmrm

what does that even mean? so elon musk money not actual money?

30 Photos Of 'Squid Game' Star HoYeon Jung's Style EvolutionLong before she made her acting debut, the breakout star rose to fame as a runway model.

Terrible show. I cancelled Netflix because of it. Violence propaganda is the limit. Do subscribers count as profit? That's an insane number. Somebody needs to look at Netflix's books to see if there's some sort of shenanigans going on. SquintGames Someone needs to learn when to use capital letters Exhibit A. matthewloeb

'Leaked' data? Sounds like they're trying to bolster investor confidence in the face of recent backlash... Good show. Terrible ending. Well it won’t be any $ from me ‘cause I’m not watching it. 🙄 How much is that in Won?

Squid Game villain Jang Deok-su's home life has shocked everyone - photosSquid Game star Heo Sung-tae house: Netflix hit show Squid Game has produced superstars – but Heo Sung-tae who plays Jang Deok-su lives a very different life from his character...

‘Squid Game’: How the Show’s Larger-Than-Life Set Design Came TogetherTen years in the making, Netflix’s “Squid Game” quickly became a phenomenon that even the streamer couldn’t predict. While the M.C. Escher-like staircase in the game’s deadly arena (pictured …

International Insider: ‘Squid Game’ Focus; ‘Titane’ Enters Oscar Race; BBC Bullying Guidelines; Mipcom & MIA WrapsHappy Friday International Insiders, Tom Grater here delivering your weekly batch of international headlines. To get this sent to your inbox every Friday, sign up here. The Numbers Game New record:…

You've Got the Green Light to Re-Create These Easy DIY Squid Game CostumesFrom the contestants to the guards, here are some easy DIY costume ideas from Netflix's Squid Game. Check them out now, and make Halloween complete!

'Squid Game' director could turn to YouTube creators for season 2 ideasThe director knows audiences are already clamoring for a second season—and while his sheer exhaustion creating the first one gave him an initial pause, he's gotten inspiration from many fans and their creative plot lines on social media. Waste of time I’ve never known so much shite in all my life, the world does not require a second season let alone the first one ! Hope it does come in motion. Squid games was awesome