Netflix spends hundreds of thousands of {dollars} to advertise Ryan Gosling’s ‘The Grayman’

The Grey Man has his personal emoji, he has sprinted throughout 3D billboards from Krakow to Seoul, and he has battled dangerous guys in additional than 100 TV advertisements.

Netflix Inc launched one among its largest advertising and marketing campaigns ever to ensure audiences world wide knew that Ryan Gosling was starring in “The Grey Man,” the corporate’s big-budget summer season motion film.

The streaming service has begun mounting bigger consciousness campaigns for its greatest titles as a part of the roughly $2.5 billion it spends yearly on advertising and marketing, Marian Lee, Netflix’s chief advertising and marketing officer, stated in an interview.

“We wish the dialog on the market to be about Netflix exhibits and flicks,” Lee stated.

Netflix has misplaced greater than 1 million subscribers this yr and its shares have fallen 62%. Co-Chief Govt Reed Hastings stated the corporate is working to enhance on all fronts, together with advertising and marketing. Netflix stays the world’s largest streaming service with almost 221 million subscribers.

“The Grey Man” was directed by Joe and Anthony Russo, the brothers behind “Avengers: Endgame” and different blockbusters from Walt Disney Co’s Marvel Studios, which usually spends $150 million or extra to market motion films. The Russos informed Netflix they wished the corporate to make a giant splash with “The Grey Man.”

“We are inclined to make films of a sure scale that require a bigger platform for launch, a bigger media push. They usually have been recreation for it,” Joe Russo stated.

Greater than 100 “Grey Man” TV advertisements ran globally throughout dwell sporting occasions from the Monaco Grand Prix to the NBA Finals and exhibits similar to “Large Brother” and “The Bachelorette.”

Three-dimensional billboards, which made explosions seemingly blast off the display screen, lit up New York’s Time Sq. and cities world wide together with Seoul, Krakow, Tokyo and Las Vegas.

“We are attempting to make sure that we’re creating bespoke campaigns that join with the audiences for that specific film or present,” Lee stated…Reuters 

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