Latest News by Industry
• Netflix has approved reality competition series inspired by its hit show ‘Squid Game’
• 456 players compete in series of games with $4.56 million reward — largest cash prize in reality TV history
Netflix Inc (NASDAQ: NFLX) is trying to cash on its most-watched television show, “Squid Game”, as the streaming giant announced to produce the biggest reality competition ever.
Unlike the series, where the stakes are life or death, Netflix said that “Squid Game: The Challenge” will have 456 players competing against each other, and the “worst fate is going home empty-handed.”
The winner will take home $4.56 million, which the streaming giant claimed is the largest lump sum prize in reality TV history.
Korean drama “Squid Game” became Netflix’s most popular series of all time, with over 1.65 billion view hours in the first 28 days after its release in September 2021, a story of cash-strapped contestants who play childhood games for a chance to win life-changing sums of money.
The 10-episode reality competition will include games inspired by the original show and new additions, Netflix said.
Netflix’s reality show will be filmed in the UK and is currently only casting English speakers.
The announcement comes just days after the scripted series was renewed for a second season.
Picture Credit: Netflix
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