'Cocomelon' Outshines' Stranger Things' On Netflix With Over 600M Hours Of Watch Time
Portfolio Pulse from Ananya Gairola
'Cocomelon,' a children's series on Netflix Inc. (NASDAQ:NFLX), has achieved over 600 million hours of watch time, surpassing 'Stranger Things.' Initially a YouTube video, 'Cocomelon' has become a six-season series on Netflix, ranking as the fourth most-watched show on the platform. Owned by Moonbug and acquired by a Blackstone-backed firm, 'Cocomelon' also maintains a strong presence on YouTube. The show's success highlights the significance of children's content in streaming, with Netflix reporting nearly 100 billion hours of total content watch time in the first half of 2023 and ending the third quarter with 247.15 million global paid subscribers.
December 14, 2023 | 6:40 am
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Netflix's 'Cocomelon' surpasses 'Stranger Things' with over 600 million hours watched, indicating strong performance and audience engagement in children's content.
The high viewership numbers for 'Cocomelon' on Netflix suggest a positive impact on the company's content strategy, potentially leading to increased subscriber retention and attraction of new subscribers, especially families with children. This could result in a positive short-term impact on NFLX stock as investors may view the strong performance as indicative of continued growth in the streaming sector.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90