Netflix estimates 'Squid Game' will be worth almost $900M: report

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Korean original series ''Squid Game'' becomes the most valuable streaming series of all time, estimated to be worth $900M to Netflix

Early estimates from Netflix reveal that Korean original series"Squid Game" might end up being worth $900 million in value to the company, becoming the most valuable streaming series of all time.

"Squid Game," Netflix Inc's biggest original series launch, is estimated to be worth almost $900 million for the streaming giant, Bloomberg News has reported, citing figures from an internal Netflix document. In comparison to its estimated net worth, the show cost just $21.4 million to produce, Bloomberg said.

Los Gatos, California-based Netflix estimated that 89 percent of people who started the show watched more than one episode, the news agency said, and 66 percent of the viewers finished watching the series in the first 23 days.An attorney for the company told Bloomberg that it would be inappropriate for Bloomberg to disclose the confidential data contained in the documents that it had reviewed.

 

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