Netflix's co-CEO said there will definitely be a second season of "Squid Games."

IT House reported on January 21 that Netflix's wildly popular "Squid Games" series has been confirmed by the company to launch a second season.

On Thursday's fourth-quarter earnings call, Ted Sarandos, Netflix's co-CEO and chief content officer, confirmed that Squid Games is returning: "The world of Squid Games has only just begun. ”

IT House learned that "Squid Game" is a thriller suspense TV series produced by Netflix, directed by Hwang Dong-hyuk, and starring Lee Jung-jae and Park Hae-so, which was launched in South Korea on September 17, 2021. The drama tells the story of hundreds of people who are trapped in their lives and participate in 6 life-and-death battle royale games for a prize of 45.6 billion won.

According to Bloomberg, internal Netflix data shows that the series "Squid Game" is expected to be worth nearly $900 million for Netflix.

The series' first month of viewership set a Netflix record, with more than 132 million viewers watching at least two minutes, up from Netflix's 111 million viewers announced last week. This creates about $891 million in "impact value."

Netflix's key profit indicators in the third quarter, EPS, surged 83% year-on-year, net paying subscribers increased by 4.38 million, doubled year-on-year, or added 8.5 million in the fourth quarter, all of which exceeded expectations, and turned down after hours of more than 2%. The Asia-Pacific region contributed the largest membership growth for two consecutive seasons, and Squid Games became the hottest show in the company's history.