Netflix Is Winning Streaming’s Own ‘Squid Game’

In an try and translate Netflix’s metrics right into a language buyers can perceive, Matthew Harrigan, an analyst for Benchmark & Co., estimated that the corporate acquired about 7 million members from “Squid Sport.” These customers, ought to they by no means cancel, translate to $4 billion of worth for Netflix, he wrote in a report earlier Tuesday. That’s equal to 1% of Netflix’s market capitalization.