Ted Sarandos, the co-CEO and chief content officer of the streaming giant, said that a second season of the Korean drama Squid Game is in the works.
The Squid Game series logo is displayed on a phone screen and symbols known from the series are drawn on paper. The photo was taken by Jakub Porzycki/Nur Photo.
The images are from the same source.
The Squid Game universe has just begun, and the show will get a second season, according to the man.
In November, the show's creator told the Associated Press that Squid Game would be getting a second season, but that was the first word from an official.
Lee Jung-jae will return as the show's main character, Seong Gi-hun.
In its first four weeks on the platform, the show generated over one billion hours of viewing.
The company reported in its third-quarter earnings letter that Squid Game had reached 142 million member houses, making it its biggest show ever.
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The show would create nearly $900 million in value for the streaming giant, according to leaked estimates.
The popularity of the show hasn't translated to a huge increase in subscribers. In the quarter Squid Game was released, there were just 70,000 net subscribers from the U.S. and Canada. The company's fourth-quarter earnings report, which showed a continued dip in subscriber growth compared to its early-pandemic success, contributed to a 20% drop in its stock price in after-hours trading Thursday.
He told the AP that it was too early to say when and how the show would be released.
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