Netflix held its Tudum Global Fan Event in Los Angeles this weekend to showcase its upcoming slate of programming. Among the highlights: the official trailer for the third and final season of Squid Game, the first six minutes of Wednesday S2, a teaser for Guillermo del Toro’s Frankenstein, and date announcements for the fifth and final season of Stranger Things, as well as Wake Up Dead Man: a Knives Out Mystery.
(Some spoilers below.)
Squid Game S3
As previously reported, Squid Game‘s first season followed Seong Gi-hun (Lee Jung-Jae), a down-on-his-luck gambler who has little left to lose when he agrees to play children’s playground games against 455 other players for money. The twist? If you lose a game, you die. If you cheat, you die. And if you win, you might also die. In the S1 finale, Gi-hun faced off against fellow finalist and childhood friend Cho Sang-woo (Park Hae-soo) in the titular “squid game.” He won their fight but refused to kill his friend. Sang-woo instead stabbed himself in the neck, leaving Gi-hun the guilt-ridden winner.
S2 was set three years later. Gi-hun successfully finagled his way back into the game, intent on revenge against the Front Man (Lee Byung-hun). Meanwhile, Front Man’s police officer brother, Jun-ho (Wi Ha-joon), hired mercenaries to track down the island where the game is staged. Alliances formed and shifted as the games proceeded, with betrayals galore, culminating in the loss of Gi-hun’s friend and ally Player 390 and a cliffhanger ending.
Series creator Hwang Dong-hyuk conceived of S2 and S3 as a single season, but there were too many episodes, so he split them over two seasons. Back in January we got our first glimpse of S3 when Netflix released a 15-second teaser on X, introducing a brand new killer doll dubbed Chul-su—similar to the giant “Red Light, Green Light” doll Young-hee. Per the official premise:
A failed rebellion, the death of a friend, and a secret betrayal. Picking up in the aftermath of Season 2’s bloody cliffhanger, the third and final season of Netflix’s most popular series finds Gi-hun, a.k.a. Player 456, at his lowest point yet. But the Squid Game stops for no one, so Gi-hun will be forced to make some important choices in the face of overwhelming despair as he and the surviving players are thrust into deadlier games that test everyone’s resolve. With each round, their choices lead to increasingly grave consequences. Meanwhile, In-ho resumes his role as Front Man to welcome the mysterious VIPs, and his brother Jun-ho continues his search for the elusive island, unaware there’s a traitor in their midst. Will Gi-hun make the right decisions, or will Front Man finally break his spirit?
The third season of Squid Game drops on Netflix on June 27, 2025.
