Netflix recently denied claims about the profitability of its hit series, Squid Game. This statement followed a local research agency’s analysis. The agency estimated that the production cost of Squid Game Season 2 was around 1 billion KRW. They suggested that this season would earn at least ten times that amount, similar to Season 1’s success. The first season, produced at a cost of 250 million KRW, reportedly earned an impressive 1 trillion KRW. However, Netflix clarified that its subscription model differs from traditional revenue calculations seen in box office or pay-per-view scenarios.
Since its release on September 26, Squid Game Season 2 has quickly become the top TV show in 93 countries. It achieved 487.6 million viewing hours in its first week, surpassing the original season’s record of 448.7 million hours. This surge in viewership highlights the series’ international appeal. Data from Parrot Analytics shows a significant 108% higher viewership in the U.S. compared to South Korea. Engagement levels in countries like France, Russia, and Taiwan have also been notably high, solidifying the show’s global popularity.
Amid the excitement for Season 2, Netflix addressed rumors about Hollywood star Leonardo DiCaprio’s involvement in a potential Season 3. The streaming service dismissed these claims as unfounded. They countered reports that he had secretly completed filming. Netflix expressed concern over misinformation stemming from inaccurate analyses and reaffirmed their commitment to transparency.
Looking ahead, Netflix has confirmed that Season 3 of Squid Game is scheduled for release later this year. This announcement adds to the anticipation among fans eager to see where the story will lead next. As the series continues to capture audiences worldwide, Netflix remains focused on delivering quality content while navigating the complexities of its unique subscription model.
Key Points:
- Netflix’s Position: The company denies profitability claims about Squid Game.
- Season 2 Success: Achieved record viewership and popularity in 93 countries.
- Rumors Addressed: Netflix denies Leonardo DiCaprio’s involvement in Season 3.
- Future Plans: Season 3 is confirmed for release later this year.