Squid Game reality series coming to Netflix with BIGGEST cash prize in TV history with $4.56MILLION

Squid Game captured worldwide attention when it began streaming on Netflix last year.

And now many fans will finally be able to see how they would fair in the competition based off the South Korean drama and one will be compensated very handsomely for their efforts.

Netflix announced they will be launching reality competition series Squid Game: The Challenge which they have billed as ‘the biggest reality competition ever’ according to The Hollywood Reporter on Tuesday.

Big money: Netflix announced they will be launching reality competition series Squid Game: The Challenge which they have billed as ‘the biggest reality competition ever’ according to The Hollywood Reporter on Tuesday

The streaming giant is putting the money where their mouth is as the massive field of 456 players will be competing for a chance to win $4.56million which they claim is the biggest cash prize in TV history.

 However previous seasons of Fox’s reality singing competition show, X Factor, has previously given out recording contracts worth up to $5million according to THR.

In the original dramatic series, hundreds of cash-strapped contestants accept an invitation to compete in children’s games for a tempting prize, but the stakes are deadly. 

Wow: The streaming giant is putting the money where their mouth is as the massive field of 456 players will be competing for a chance to win $4.56million which they claim is the biggest cash prize in TV history

Presumably no one will actually die while participating in the series of games based on the dystopian smash hit series.

Netflix Vice President of unscripted and documentary series Brandon Riegg said of the upcoming program: ‘Squid Game took the world by storm with [director Hwang Dong-hyuk’s] captivating story and iconic imagery.

‘We’re grateful for his support as we turn the fictional world into reality in this massive competition and social experiment. Fans of the drama series are in for a fascinating and unpredictable journey as our 456 real world contestants navigate the biggest competition series ever, full of tension and twists, with the biggest-ever cash prize at the end.’

Iconic: In the original dramatic series, hundreds of cash-strapped contestants accept an invitation to compete in children’s games for a tempting prize, but the stakes are deadly

The reality series will consist of 10 episodes which happens to be one more than the original dramatic series.

Squid Game became Netflix’s most-watched new series last year, drawing in 142million people in its first month – nearly double the previous record held by Bridgerton. 

The Korean drama is also being praised with adding 4.4million new subscribers, increasing Netflix global subscriptions to 213.5 million up from 209million. 

It boosted the company’s profits to $1.4billion – nearly double the amount it took in during the third quarter of 2020. 

Blazing a trail: Squid Game became Netflix’s most-watched new series last year, drawing in 142million people in its first month – nearly double the previous record held by Bridgerton, as the cast are seen at a For Your Consideration Event on Sunday