Netflix Just Dropped the Teaser for ₩100 Billion, Korea’s Most Expensive Drama—And It’s Exploding
2025-05-07 11:27
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A Korean drama with the largest production budget in history.
Netflix has unveiled the first teaser trailer for Squid Game Season 3, and it’s already setting the internet ablaze. The clip surpassed 1 million views within just 15 hours of release, fueling anticipation for the latest installment of the record-breaking Korean series.

Season 3 will follow Seong Gi-hun (Lee Jung-jae) as he re-enters the deadly game, consumed by rage after losing a close friend. The story also delves into the mysterious identity of the Front Man (Lee Byung-hun) and the fates of the final surviving contestants.
💸 A Billion-Won Production
The combined production cost for Seasons 2 and 3 is reported to be a staggering ₩100 billion KRW—excluding actor fees—making it the most expensive Korean drama ever produced. For comparison, Disney+’s Moving cost ₩65 billion, while Netflix’s When Life Gives You Tangerines had a ₩60 billion budget.
🩸 A Haunting Glimpse Into the Game’s Final Chapter
The teaser poster, released on May 6, shows Gi-hun standing among pink-ribboned coffins, his eyes burning with grief and vengeance. A caption reads: “The final game for ₩45.6 billion”—a nod to the series’ central prize.
The trailer begins with a Pink Guard carrying a coffin into the dormitory. As mystery builds over who’s inside, Gi-hun opens his eyes, marking the start of the final chapter. Contestants are seen picking balls of two different colors, navigating maze-like spaces, and preparing for a feast—hinting that the game is entering its endgame phase.
Detective Jun-ho (Wi Ha-jun) is closing in on the game’s location, while newcomer No-eul (Park Gyu-young) watches the arena alone. A baby’s cry in front of Jun-hee (Jo Yu-ri) foreshadows shocking turns. Gi-hun appears sobbing while restrained, contrasting with the composed demeanor of the Front Man—who has evolved from former player to game master.

⚔️ Who Will Survive?
Survivors Myung-gi (Im Si-wan), Dae-ho (Kang Ha-neul), Hyun-joo (Park Sung-hoon), Yong-sik (Yang Dong-geun), Geum-ja (Kang Ae-shim), Jun-hee, Sun-nyeo (Chae Gook-hee), Min-soo (Lee Da-wit), and Nam-gyu (Noh Jae-won) are all shown enduring increasingly brutal trials.
A still of Jun-ho breathing heavily by the sea, oxygen tank on his back, suggests he’s reached the island. Meanwhile, No-eul appears unmasked in a confrontation, raising questions about her next move. Contestants gathered in front of a door marked with a keyhole and dagger symbol tease the looming final showdown.

🌐 “No Lines, Still Chilling”—Fans React
The teaser quickly ignited buzz online, with fans flooding the comments: “That teaser gave me chills—no dialogue, just pure intensity,” one wrote. Others praised the visual detail, saying, “The level of detail is unreal,” and “Gi-hun’s face alone says everything.” The anticipation was palpable, with comments like “How are we supposed to wait until June?” and “The ending cry… perfection.” Some speculated about the story: “Money’s piling up again… More sacrifices incoming,” and “Who's in that coffin? My guess: Cheol-su!”
🏆 From Global Phenomenon to Final Chapter
Squid Game, which centers on contestants risking their lives for a ₩45.6 billion prize, became Netflix’s most-watched series following its 2021 debut. Lee Jung-jae made history by winning Best Actor at the Primetime Emmy Awards, with the show taking home six trophies in total.
While Season 2 divided opinions after its December 2024 release, it still managed to rank No. 1 globally.
📅 Squid Game Season 3 will officially premiere on June 27, 2025.
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