As Netflix Inc. becomes more of a standard viewing option, it is promising to offer information like a standard media company.
In its earnings report Tuesday, Netflix NFLX, +3.04% offered select viewership metrics on select content, as it began doing in the previous quarter. In a video interview, Chief Content Officer Ted Sarandos said that Netflix expects to go farther and release such information regularly.
“Over the next several months, we’re going to be rolling out more specific granular reporting — first to our producers, and then to our members and of course to the press over time — and be more fully transparent about what people are watching on Netflix around the world,” Chief Content Officer Ted Sarandos said in Tuesday’s video interview.
In Tuesday’s letter to investors, Netflix said that more than 52 million subscribers watched “Triple Frontier,” a big-budget action movie starring Ben Affleck, in its first four weeks of availability, and that the series “Umbrella Academy” was watched by 45 million member households in its first four weeks. It said that “The Highwaymen,” a film starring Kevin Costner and Woody Harrelson, was on track to attract 40 million subscribers in the first four weeks, documentary “FYRE: The Greatest Party That Never Happened,” was watched by 20 million subscribers in its first month, and documentary series ”Our Planet” was on track to be watched by 25 million members in the first month of release.
Traditional media companies regularly release ratings information, and companies such as Nielsen Holdings PLC NLSN, -1.36% offer ratings on a wider scale. The information helps advertisers select programming to place ads, which Netflix has long pointed out does not affect its commercial-less streaming service.
As the service has grown, however, many have clamored for information that would help show if a show is a hit, especially the creators who make content for Netflix. Sarandos repeatedly mentioned in his statement that producers of Netflix content were a focus of the information Netflix provides on viewership.
Any ratings information could also help Netflix show its reach as it faces new competition, and potentially pressure those rivals to release their own viewership metrics. Apple Inc. and Walt Disney Inc. have both showed off new streaming entrants this year, joining streaming competitors that also include Amazon.com Inc. AMZN, +0.98% and Hulu.