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Netflix Estimates ‘Squid Game’ Will Be Worth Almost $900 Million

More than 130 million people have watched the Korean show

Bloomberg business news
Netflix Estimates ‘Squid Game’ to Be Worth Almost $900 Million

Netflix estimates that its latest megahit, “Squid Game,” will create almost $900 million in value for the company, according to figures seen by Bloomberg, underscoring the windfall that one megahit can generate in the streaming era.

Netflix differs from movie studios and TV networks in that it doesn’t generate sales based on specific titles, instead using its catalog and a steady drumbeat of new releases to entice customers every week. But the company does have a wealth of data concerning what its customers watch, which the company uses to determine the value derived from individual programs.