Netflix is producing a series based on a real-life version of the Squid Game, which is being touted as “the biggest reality competition ever.”
At the Banff World Media Festival on Tuesday, the streaming service made the announcement of a reality TV show that would be based on its worldwide dystopian mega-hit.
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456 participants will compete in a series of games for a chance to win $4.56 million in Squid Game: The Challenge, however, the stakes (hopefully) will not be life or death. Netflix claims that the payment is the greatest lump-sum cash reward in television history (albeit Fox’s X Factor has previously handed away recording contracts worth $5 million) and that the show has the largest competition series cast ever.
The reality competition will have ten episodes in all, one more than the first season of the dramatic series, and a teaser trailer has been released:
The news follows hard on the heels of Netflix’s official announcement that Squid Game would be renewed for a second season. The first season of the South Korean survival drama hit Netflix in September. It is now holding the record for the most popular series in the history of the streaming service, having amassed more than 1.65 billion view hours in its first month of availability. The just-released fourth season of the supernatural drama Stranger Things is now the second most-watched content on the streaming service.