Netflix has mastered the art of creating event-driven projects that dominate social media and later sweep prestigious awards. But beyond boosting the platform’s reputation (as if there were any doubts), these titles are also a significant revenue stream.
Shows like Baby Reindeer, Ripley, Monster, and Inventing Anna have each generated over $100 million in their first year on the platform.
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The exception is Beef, which brought in $52 million but excelled as a subscriber magnet. A notable 15% of its revenue came from new subscribers—double the platform’s average of 7.5%.
This year, Your Friendly Neighborhood is carrying the torch as Netflix’s flagship limited series, but another viral hit is likely just around the corner.
After all, these projects are a cornerstone of the platform’s business strategy.
