Kapanlagi.com - SQUID GAME 2 has become one of the most anticipated series this year. Continuing the success of its first season, this series has managed to capture public attention since its premiere. However, behind the popularity, speculation has arisen regarding the fantastic revenue Netflix has earned from this show.
Rumors circulating suggest that Netflix has managed to reap profits of trillions of rupiah from SQUID GAME 2. This claim is based on analyses and calculations by a research institution from South Korea. However, this news has sparked debate, especially after Netflix provided an official clarification regarding the issue.
This article will chronologically and in detail outline the claims of revenue, Netflix's response, as well as the data and analyses underlying it. Check out the complete explanation below.
credit: https://www.instagram.com/squidgamenetflix/
The analysis of Netflix's revenue from SQUID GAME 2 was first released by K EnterTech Hub, a research body in South Korea. The report estimates that Netflix could rake in up to 1.5 trillion won, equivalent to Rp16 trillion, from the second season of the series.
This calculation is based on the success of the first season of SQUID GAME, which had a production cost of 25 billion won and generated revenue 40 times its initial investment. Using a similar formula, the production of the second season, which costs up to 100 billion won, is projected to yield even greater profits.
credit: https://www.instagram.com/squidgamenetflix/
In response to the report, Netflix firmly denied the revenue estimates published by K EnterTech Hub. In its official statement, Netflix emphasized that the analysis does not reflect the actual facts.
Netflix also explained that as a subscription-based platform, the company does not earn additional revenue from the number of views or the duration of time spent watching content on their platform. This business model makes revenue predictions for specific series irrelevant.
credit: https://www.instagram.com/squidgamenetflix/
The first season of SQUID GAME recorded massive success with over 111 million viewers in the first 28 days of its release. The series became a global phenomenon and dominated conversations across various social media platforms.
However, contrary to circulating speculation, Netflix's financial gains from the first season are not directly reflected in their profit and loss reports. This is due to Netflix's business model, which relies on increasing subscriber numbers rather than advertising or pay-per-view.
instagram.com/squidgamenetflix
SQUID GAME 2 also managed to set new records with high viewer numbers at its release. Social media was flooded with comments and reactions from fans eagerly watching the continuation of this thrilling story.
Data from social media platforms show that posts related to SQUID GAME 2 received millions of likes and thousands of comments within days of its launch. This popularity indicates the show's strong appeal, which has remained robust since its first season.
Squid Game 2 (Photo: Netflix)
Despite denying the fantastic projected figures, Netflix continues to record an increase in subscriber numbers thanks to the release of SQUID GAME 2. This surge contributes to the company's revenue growth indirectly.
Additionally, SQUID GAME 2 also strengthens Netflix's position as a leader in the global streaming industry, attracting investor attention and expanding their market share. With this approach, Netflix proves that the success of high-quality content has long-term impacts.
Netflix denies claims of earning Rp16 trillion from Squid Game 2. Their business model is based on monthly subscriptions, not on the number of views.
Squid Game 2 continues the thrilling storyline and introduces new characters that capture the attention of a global audience.
What do KLOvers think about this? Come on, write in the comments section! If not now, when?
(kpl/vna)
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