squid game

Netflix fans do not have long left to wait for a brand new season of Squid Game: The Challenge.

Squid Game fans have just two days left until a brand new season of a high stakes reality game returns to Netflix screens.

Once again, 456 players will take on a series of brutal games in the hopes of winning a staggering $4.56 million cash prize for season two of Squid Game: The Challenge.

The hit Netflix reality show, based on the popular Korean thriller Squid Game, was a huge success when it first hit screens back in 2023. Another series was announced earlier this year, with it now being just days away.

Over three weeks, the players will go head to head in a number of gruelling games, both new and old, until there is only one contestant left.

Unlike the original phenomenon where players are killed if they lose, there will still be devastating impacts as contestant will miss out on winning the life-changing amount of money. Despite the full cast remaining under wraps, Netflix has already announced some huge names, including familiar faces from Selling Sunset and Big Brother.

Episode release schedule explained

Squid Game: The Challenge season 2 will return to screens on November 4. However, not all episodes will be released straight away.

Instead, fans will have to wait a week for different instalments for the three week run.

• On November 4, fans will be treated to four episodes as a group of brand new players are introduced to the game.
• November 11 will then see the next three episodes aired.
• But fans will have to wait until November 18 for the remaining episodes in the huge season finale.

Squid Game The Challenge games

With subtle nods to various games, executive producer Nicola Brown told Tudum: “Those little Easter eggs are important for both the viewers at home and the players.

“The first thing they do when they walk into the dorm is look at the walls and try to figure out what the new games might be.”

Here are some games fans can look forward to:

• The count – a brand new game that will determine how the competition continues
• Six-Legged Pentathlon – teams race head to head, with legs tied together with mini games thrown in
• Catch – a brand new game which games designer Ben Norman teases is not as simple as it sounds
• Mingle – players on a carousel must gather in groups consisting of a number called out and walk into an adjoining room
• Marbles – with the same rules as season 1 players again partner up and given a bag of marbles and 30 minutes
• Slides and Ladders – a new game that turns the familiar board game into something high stakes and “oversized”
• Circle of Trust – blindfolded at desks in a circle, the player who received a gift box must guess who gave it to them
• Finale game – Remains a mystery for now

Is there a season 3?

With season 2 just days away, Netflix has already geared up for another season of the hit reality show. Anyone wishing to take part can apply online for a chance to compete.

However, according to Tudum, there is another way to get on the show. Tudum hints: “Player recruitment for Season 3 is also now taking place through Squid Game: The Experience in both New York and London.

“Winners at the immersive, IRL experience will receive priority in the casting process, though this does not guarantee they will be selected to take part in Season 3.”

Squid Game: The Challenge season 2 premieres Tuesday, November 4 on Netflix.

Thanks to popular shows like “Squid Game,” plus price hikes and growing advertising revenues, Netflix on Thursday reported strong growth in the second quarter, beating analysts’ expectations.

The Los Gatos-based streamer’s revenue rose 16% to $11.1 billion, while the company’s net income increased 46% to $3.1 billion compared to a year earlier. Analysts polled by FactSet had expected about $11 billion in revenue and $3 billion in profit.

Wall Street analysts have long deemed Netflix the winner of the streaming wars. The company no longer gives quarterly updates on how many customers it has, last revealing it had more than 301 million subscribers in 2024. But there’s still pressure on Netflix to continue to show financial growth, as the company aims to attract more advertising dollars and subscribers around the world.

Many analysts believe that Netflix’s future sales boost will come from its advertising business, which began in November 2022. The streamer is expected to generate $2.07 billion in ad revenue this year in the United States, which is estimated to climb to nearly $3 billion in 2027, according to research firm Emarketer.

“They’re seeing some substantial revenue and they are also getting a lot of people to sign up or switch to the ad supported tier,” said Paul Verna, a principal analyst at Emarketer.

Netflix said it expects total revenue in to grow 17% in the third quarter. The company increased its full-year 2025 revenue forecast, estimating that it will generate $44.8 billion to $45.2 billion. That’s up from the range of $43.5 billion to $44.5 billion that it previously projected.

In May, Netflix said its cheaper plan with ads reaches more than 94 million monthly active users, indicating that its version with commercials is gaining traction as other services follow a similar strategy.

“We continue to make progress building our ads business and still expect to roughly double ads revenue in 2025,” Netflix said in its letter to shareholders.

Earlier this year Netflix raised prices on most of its subscription plans in the U.S. Its cheapest plan with ads went up $1 to $7.99 a month. Netflix said the response to its recent price adjustments has been “broadly in line with our expectations.”

Netflix continues to face competition from other streaming services globally and entertainment companies like YouTube and TikTok that also take up significant amount of watch time among consumers.

During the second quarter, Netflix released popular programs including Korean animated film “KPop Demon Hunters,” drama “Sirens” and the third season of “Squid Game.”

“Squid Game’s” third season, which premiered late last month, was the most watched series in 93 countries during its debut week and broke a record for the most views for a show in its first three days on Netflix, a boon for a streaming service that thrives on capturing the attention of audiences worldwide by releasing must-watch programs.

“These are positive initiatives and they’re the quality of the content that shows the uniqueness of it,” said Melissa Otto, head of research at S&P Global Visible Alpha, on shows like “Squid Game” Season 3. “These are all things that pull the users in and make them want to subscribe to Netflix or watch Netflix content.”

Netflix also has received critical acclaim for its programming, noting it has received 120 Primetime Emmy nominations for shows including the limited series drama “Adolescence” and comedy-drama series “Nobody Wants This.”

Netflix stock closed at $1,274.17 on Thursday, up about 2%.