Netflix’s (NFLX) Squid Game Set To Be Its Most Popular Show
NetflixKorean NFLX Show Squid game is poised to be the most popular show in the history of the streaming platform. Per Variety, which cited Co-CEO and Content Director Ted Sarandos, the survival drama, which premiered on September 17, currently ranks as the # 1 non-English show in the world on the service.
Squid game is on the way to surpass Lupine, which was the first non-English speaking show to be a hit on the streaming platform.
Sarandos also provided considerable data on Netflix’s Top 10 Movies and Shows. At Vox Media’s Code conference, he shared a few slides that, Bridgerton Season 1 was Series # 1 based on the number of Netflix accounts that selected a given title in the first 28 days of its release (and streamed for at least two minutes) and how long they were used. accounts to view it (early 28-day release window).
Extraction was the most viewed movie based on the number of Netflix accounts that selected a given title in the first 28 days of its release (and streamed for at least two minutes). Sandra bullock-starrer Bird box was the most watched movie in terms of hours.
Sarandos also dismissed speculation that Netflix is looking to buy a movie theater chain. The company already has a theater in New York (purchased in 2019) and one in Los Angeles (purchased in 2020).
Shares of Netflix have returned 9.6% year-to-date, underperforming the Zacks Broadcast radio and television industry by 12.8%.
Netflix, Inc. Price, Consensus, and Surprise EPS
Netflix, Inc. price-consensus-eps-surprise-chart | Netflix Quote, Inc.
Robust content portfolio to drive subscriber growth
Netflix faces increasing competition in the streaming space of Walt Disney SAY, Amazon AMZN, Comcast CMCSA, AT&T, ViacomCBS, Discovery and Apple.
Nonetheless, it is backed by a strong portfolio of content, thanks to which the company has won 44 Emmy Awards in total this year. Netflix’s efforts to deliver content across various genres have been a key catalyst in boosting user engagement, in addition to winning awards and accolades.
In the second quarter of 2021, Netflix added 1.54 million paying subscribers worldwide, up from 10.1 million in the previous year quarter. At the end of the second quarter, this company Zacks Rank # 4 (Sell) had 209.18 million paying subscribers worldwide, up 8.4% year-over-year.
Netflix plans to end the third quarter of 2021 with 212.68 million paying subscribers worldwide, which indicates a growth of 9% compared to the quarter of the previous year.
The company’s strong content portfolio should help it achieve this with ease, thanks to the new seasons of La Casa de Papel (a.k.a Money theft), Sex education, Virgin river and I have never. Movies include Nice girl, Kissing Stand 3, Kate and Vivo.
Netflix recently showcased its upcoming content at the world’s premier fan event, Tudum. The company has presented teasers, trailers, first previews and exclusive footage of nearly 100 domestic and international films, documentaries, series and specials, slated for release through 2022. (Read More : Netflix Reveals Strong Content Lineup At Tudum Fan Event)
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