Netflix Greenlights 'Monopoly' Reality Competition Series

Netflix has officially greenlit a new reality competition series based on the classic board game "Monopoly." The streaming giant has initiated the casting process for 12 contestants who will compete for a grand prize of $2 million USD. This decision follows an industry "bake-off" where approximately 50 production companies competed for the development rights. Studio Lambert, known for producing "The Traitors," will develop the project in partnership with Hasbro Entertainment.

The competitive format will place 12 contestants in a life-sized "Monopoly Town Square." To succeed, players will engage in high-stakes negotiations, tactical asset trades, and strategic dice rolls, aiming to accumulate wealth while avoiding bankruptcy. The series aims to translate the familiar board game mechanics into a high-drama entertainment event.

Netflix's confidence in the "Monopoly" reality series was reportedly influenced by the significant commercial success of the mobile game "Monopoly Go!" This engagement in the mobile gaming sector reportedly convinced executives to pursue the large-scale television concept. The acquisition of this concept signifies Netflix's ongoing strategy to adapt widely recognized intellectual properties into popular entertainment formats.

The "Monopoly" reality competition series is slated for a global premiere on Netflix in 2027. The production represents a significant investment in transforming a beloved household board game into a live-action reality television experience.