Netflix is planning a ‘Squid Game’ reality show with a record $4.56 million cash prize

Netflix is planning a ‘Squid Game’ reality show with a record .56 million cash prize


Netflix has opened casting for the show to English-language speakers around the world.

Tang Ke | Future Publishing | Getty Images

Netflix is doing “Squid Game” for real (without any of the blood and gore).

The streaming platform has approved a reality TV series called “Squid Game: The Challenge,” which will pit 456 contestants against each other in a series of games inspired by the hit show.

Up for grabs is a $4.56 million reward — which Netflix says is the largest cash prize in reality TV history.

“The stakes are high, but in this game the worst fate is going home empty-handed,” the company said in a statement Tuesday.

Netflix has opened casting for the show to English-language speakers around the world. Filming will take place in the U.K. The series is being co-produced by production firms Studio Lambert and The Garden, which is part of British broadcaster ITV.

Released in 2021, “Squid Game” quickly became an international success. It is Netflix’s most-watched show of all time with people dedicating 1.65 billion hours of viewing time in the first 28 days of its release.

Set in South Korea, “Squid Game” sees 456 players in financial hardship risk their lives through various deadly children’s games for a large cash prize. Hwang Dong-hyuk, the show’s creator, took inspiration for the show from his own family’s struggles after the 2008 financial crisis. A second series is now officially in the works.

Netflix said “Squid Game: The Challenge” will feature games from the original series as well some “surprising new additions.” It will comprise 10 episodes in total.

The show could be a way for Netflix to use some of its lucrative content to bring more users to the platform. The company is facing headwinds from the impact of rising inflation, the removal of Covid-19 restrictions and competition from rival firms like Disney.



Source

OpenAI in talks to sell around  billion in stock at roughly 0 billion valuation
Technology

OpenAI in talks to sell around $6 billion in stock at roughly $500 billion valuation

Sam Altman, CEO of OpenAI attends the annual Allen and Co. Sun Valley Media and Technology Conference at the Sun Valley Resort in Sun Valley, Idaho, U.S., on July 8, 2025. David A. Grogan | CNBC OpenAI is preparing to sell around $6 billion in stock as part of a secondary sale that would value […]

Read More
Tech IPOs are roaring after ‘years of Prohibition’ — it may be too good
Technology

Tech IPOs are roaring after ‘years of Prohibition’ — it may be too good

Brendan Blumer, Chairman of of Bullish and Tom Farley, CEO of Bullish, Bullish a cryptocurrency exchange operator, pose with staffs during the company’s IPO at the New York Stock Exchange in New York City, U.S., August 13, 2025. NYSE The Bullish IPO this week took on added significance, perhaps because of the company name. When […]

Read More
Sen. Hawley to probe Meta AI bot policies for children following damning report
Technology

Sen. Hawley to probe Meta AI bot policies for children following damning report

Meta Platforms CEO Mark Zuckerberg departs after attending a Federal Trade Commission trial that could force the company to unwind its acquisitions of messaging platform WhatsApp and image-sharing app Instagram, at U.S. District Court in Washington, D.C., U.S., April 15, 2025. Nathan Howard | Reuters Sen. Josh Hawley, R-Mo., said Friday that he will investigate […]

Read More