Netflix's "Squid Game" Generated $891 Million In Value: Report

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"Squid Game" reportedly brought Netflix nearly $900 milliion in earnings.

Netflix's newest hit series, Squid Game, is estimated to bring in a colossal $891 million in “impact value," according to new documents obtained by Bloomberg. The show cost the streaming provider just cost $21.4 million to produce.

Debuting with over 111 million viewers, Squid Game earned the most successful launch for a show on Netflix to date. The previous high was held by Bridgerton with 82 million in its first month.

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The data obtained by Bloomberg was confidential, and Netflix declined to comment, with a lawyer calling it “inappropriate” to publish.

Despite Squid Game's success, creator, writer, and director Hwang Dong-hyuk said he's unlikely to make a second season.

“The pressure on me is huge now, with such a big audience waiting for a Season 2,” Hwang recently explained to the Hollywood Reporter. “Because of all that pressure, I haven’t decided yet whether or not I should do another season. But if you look at it in a positive way, because so many people loved Season 1 and are expecting good things for Season 2, there are people everywhere in the world offering their opinions about where the show should go.”

[Via]


About The Author
Cole Blake is a current staff writer at HotNewHipHop based out of New York City. He began writing for the site as an intern back in 2018 while finishing his B.A. in Journalism at St. John’s University. In the time since, he’s covered a number of breaking stories for HNHH. These include the ongoing YSL RICO trial, the allegations surrounding Diddy, and much more. His work also extends outside of hip-hop, having written extensively about a myriad of topics including politics, sports, and pop culture. He’s attended several music festivals to provide coverage for the site as well, such as Rolling Loud and Governors Ball.
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