Netflix unveils the most-watched films and shows on the second half of last yearWhat We Watched the Second Half of 2024OFFICIAL PRESS RELEASENEWS PROVIDED BY Netflix, Inc. Published: February 26, 2025 -- Today, we released our latest Engagement Report sharing what people watched on Netflix from July to December 2024. As we announced last month, moving forward, we’ll publish our bi-annual reports alongside our second and fourth quarter earnings results. Engagement (i.e. time spent) is our best proxy for member joy. When we delight our members with shows, movies and games they love, we can drive more engagement, revenue and profit. Because when people watch more, they stick around longer (retention), recommend Netflix more often (acquisition) and place a higher value on our service. It’s why we’re leading the industry on viewing transparency, including our Top 10 Weekly and Most Popular lists. The bi-annual Engagement Report covers ~99% of all video watch time on Netflix. The simplest way to measure engagement is by views (total hours viewed divided by runtime) as it’s a metric all streamers can replicate and highly correlates to completers on Netflix. Success for a show or film on Netflix comes in all shapes and sizes. We have breakout hits with huge audiences and popular shows with smaller ones. But no single title — not even our most popular — accounts for more than 1% of total viewing on Netflix. For example, Squid Game S2, which had the most hours viewed in this report, accounted for only 0.7% of viewing. It’s why we invest in a wide variety of quality shows and films and why we need to make them great, so that every time a member comes to Netflix they press play and stay. Here are some insights from the second half of 2024: Members watched over 94B hours on Netflix in the second half of last year, a 5% increase year over year. Japan: Tokyo Swindlers (12M), Drawing Closer (8M), Jujutsu Kaisen (8M)
Source Netflix, Inc.
February 26, 2025 12:40pm ET by Pressparty |