Can a “Squid Game” reality series turn around Netflix’s fading fortunes?
The embattled streamer has announced they’re making a real-life version of the gory South Korean survival show — with production slated to happen within the UK early next 12 months.
“Squid Game: The Challenge” is being billed as “the largest reality competition series ever created” and can feature 456 contestants battling it out for a whopping $4.56 million in prize money.
In accordance with a press release put out by Netflix on Tuesday, the staggering sum will probably be the most important money prize ever offered on reality television.
“‘Squid Game’ took the world by storm with [director] Hwang Dong-hyuk’s charming story and iconic imagery,” Netflix VP Brandon Rieg said in the discharge. “We’re grateful for his support as we turn the fictional world into reality on this massive competition and social experiment.”
The gruesome South Korean survival series revolved around 456 cash-strapped contestants playing a deadly children’s game as a way to win a money prize.Netflix
Casting is currently open to English-language speakers over the age of 21 at SquidGameCasting.com. The truth show will feature 10 episodes and production is anticipated to happen over 4 weeks.
The unique “Squid Game” — which was released on Netflix last September — revolved around a contest whereby 456 cash-strapped contestants risked their lives to play a series of deadly children’s games for a $36 million prize.
The games within the forthcoming reality series are set to be inspired by the games within the show, nevertheless they won’t be quite as gruesome.
“The stakes are high, but on this game the worst fate goes home empty-handed,” Tuesday’s press release read.
Netflix is hoping the forthcoming spin-off will keep fans forking out for his or her monthly subscription because the streamer falls on hard times. Netflix
“Squid Game” is essentially the most successful Netflix series in history, watched by greater than 142 million households in the course of the first 4 weeks of its launch.
The hit series has been renewed for a second season, even though it just isn’t yet in production.
Netflix is hoping the forthcoming reality show spin-off will keep fans forking out for his or her monthly subscription because the streamer falls on hard times.
Back in April, Netflix confirmed it had lost 200,000 subscribers in the primary quarter of 2022, falling well wanting its forecast of adding 2.5 million subscribers.
The corporate offered a dismal prediction for the spring quarter, forecasting it could lose a further 2 million subscribers.
In May, Netflix announced it was cutting about 150 jobs — near 2% of their total workforce.
“Squid Game” is essentially the most successful Netflix series in history, watched by greater than 142 million households in the course of the first 4 weeks of its launch. Netflix