With both shows wrapping up in 2025, the streamer is in a pivotal moment of transition, one marked by ads and live events.

A lthough season 1 of "Squid Game" was a massive critical and ratings success, there was one element that rubbed viewers the wrong way: the VIPs. In the seventh episode, "VIPs," a

After the second season's cliffhanger, the final "Squid Game" is set to debut this summer. Netflix also teased the "Stranger Things" finale.

Following the huge success of Squid Game season 1 and Squid Game season 2, which only landed in December 2024, Netflix announced last year that the biggest show in the streamer's history would be getting a third season and with the next installment coming in June, it means fans won't have to wait as long as they did for season 2 to arrive.

Then, Player 456 enters the room, and the others fall silent. Gi-hun draws his own ball – red. Whispering starts up as the clip ends. This confirms Gi-hun has indeed been returned to the games after his failed rebellion in the season 2 finale.

Netflix has unveiled an ambitious 2025 Korean content lineup anchored by “Squid Game 3,” which expands its universe with a roster including Yim Si-wan, Kang Ha-neul and Park Gyu-young joining returning stars Lee Jung-jae and Lee Byung-hun.

Squid Game's Season 2 has hit an impressive milestone on Netflix, something only the series Wednesday had achieved before. Despite not matching the reception of its previous installment, the show remains a cultural phenomenon with a massive audience.

Heavy spoilers ahead for "Squid Game" Season 2. "Squid Game" Season 2 was a bold direction for the Netflix phenomenon. The season addresses head-on that the show's audience is now familiar with its concept.