Hit Korean Drama 'Squid Game' is reportedly worth $900 million, 42 times more than its original value.?According to a Bloomberg Report, unlike movies where sales depend on 'tickets booked,' Netflix uses an ¡°efficiency¡± metric to assesses an individual title¡¯s performance.?
The performance is gauged by looking at data on what customers watch during a particular period.The metric reportedly suggests that ¡°Squid Game¡± generated $891.1 million in impact value for the company.
Netflix has also boasted of its data and suggested that over 132 million people have watched at least two minutes of ¡°Squid Game¡± in its first 23 days on the platform. (Also read:?13 Lesser-Known Facts About 'Squid Game', A Gory Battle Of Survival To Win The Ultimate Jackpot)?
Netflix estimated that ¡°Squid Game¡± viewers have spent over 1.4 billion hours watching the show in the leaked document. The data suggested that 89% of users watched at least 75 minutes (over one episode), and 66% (87 million accounts) have finished the series in the first 23 days.
On 1st October, Netflix had released the top-10 rankings of its original shows and movies, which are calculated after a title has been released for 28 days.
At the beginning of October, it was also reported that Squid Game had "a perfect chance" of becoming Netflix's most popular show yet.
Co-CEO Ted Sarandos said, "No. 1 in the world, like everywhere in the world," Sarandos, who is also the head of content at Netflix, said Monday at the Code conference in Los Angeles. "Squid Game will be our biggest non-English language show in the world, for sure."