Squid Game 3, the highly anticipated third and final season of the global phenomenon, is set to release on June 27, 2025, as revealed by Netflix Korea. Directed by Hwang Dong-hyuk, the series continues its legacy of gripping storytelling, intense survival games, and social commentary. The production budget for Squid Game 3 is estimated to be around $100 million, making it one of Netflix’s most expensive projects to date.
This significant investment reflects the series’ global popularity and the need to deliver a cinematic experience that matches its massive expectations. The budget was allocated to create elaborate new game arenas, cutting-edge visual effects, and high-quality production design, as well as to secure the returning star-studded cast, including Lee Jung-jae and Lee Byung-hun.
The success of Squid Game 3 was almost guaranteed, given the momentum built by its predecessors. Season 1 became Netflix’s most-watched series ever, while Season 2 broke records with 68 million views in just four days after its release in December 2024. The third season capitalized on this momentum, with fans eagerly awaiting the resolution of the cliffhangers left in Season 2. Upon its release, Squid Game 3 shattered expectations, drawing in over 80 million views in its first week, making it the fastest-viewed Netflix series in history. The global appeal of the show, combined with its intense marketing campaign, ensured its dominance in the streaming landscape.
Critics and audiences alike praised Squid Game 3 for its high-stakes narrative, emotional depth, and the introduction of new, deadly games that pushed the boundaries of creativity and suspense. The season also explored deeper character arcs, particularly Seong Gi-hun’s transformation and the backstory of The Front Man, adding layers of complexity to the story. The series’ conclusion was hailed as a fitting and impactful end to the saga, cementing Squid Game as one of the most iconic and influential shows of the streaming era. Its success not only boosted Netflix’s subscriber base but also solidified its position as a leader in global entertainment.
