Netflix has greenlit a reality series inspired by its hit show “Squid Game.”

The streaming platform has approved a reality series called “Squid Game: The Challenge,” which will pit 456 participants against each other in a series of games inspired by the hit show.

At stake is a $4.56 million reward, which Netflix says is the largest cash prize in reality TV history.

“The stakes are high, but in this game the worst fate is to go home empty-handed,” the company said in a statement Tuesday.

Netflix has opened up casting for the show to English speakers around the world. Filming will take place in the UK. The series is being co-produced by production companies Studio Lambert and The Garden, which is part of UK broadcaster ITV.

Released in 2021, “Squid Game” quickly became an international hit. It is Netflix’s most watched show of all time with people spending 1.65 billion hours of viewing time in the first 28 days of its release.

Set in South Korea, “Squid Game” sees 456 financially struggling players risk their lives through various deadly childhood games for a huge cash prize. Hwang Dong-hyuk, the show’s creator, drew inspiration for the show from his own family’s struggles after the 2008 financial crisis. A second series is now officially in the works.

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