'Squid Game' knocked off Netflix's top spot – Who’s now #1?

It seems 'Squid Game' season 2, despite its record-breaking debut, has not stayed on top of Netflix’s top 10 list for long. In the U.S., the show has just been dethroned by WWE Monday Night RAW, which has made its grand debut on the streaming service. RAW’s massive 183-minute premiere featured iconic stars like The Rock, and it marks the beginning of a long-running deal with Netflix. RAW is set to air weekly for years to come, and Netflix reportedly struck a deal worth over $5 billion for the rights to over 1,650 episodes, with hundreds more in the pipeline. The question now is whether RAW will continue to dominate Netflix’s top 10 or if its success will wane as the weeks go on.

Squid Game remains incredibly popular, though. With Netflix not yet revealing its first-week numbers for the second season, fans are eager to see if it will break records. Early indications suggest that the show is continuing to set impressive viewing milestones, and it's expected to return for season 3 in 2025, with some hints pointing to a possible June release. Squid Game’s continued success will be joined by highly anticipated releases from Netflix later in the year, including Stranger Things season 5 and Wednesday season 2. Between these major titles and the rise of WWE RAW, Netflix is poised for a record-breaking year.

As for the rest of Netflix’s top 10, the new crime drama Missing You is holding its own, ranking just below Squid Game. Shows like Virgin River, No Good Deed, and the tidal wave drama La Palma are also on the list, with Black Doves—a popular late December release—and The Equalizer with Queen Latifah rounding out the rankings.

RAW's arrival marks a new chapter in Netflix’s approach to live content, and regardless of opinions on pro wrestling, it is a game-changer for the platform. Whether it can maintain its spot at the top remains to be seen, but for now, it's taking center stage.

Update (1/8): Netflix has now released the week-one totals for Squid Game, which continues to break records. With 58.2 million views in just one week, it has already become the second most-watched non-English series on Netflix, only behind the first season of Squid Game itself. This brings the total to 126.2 million views in just 11 days, marking a new Netflix record. With this pace, it looks poised to surpass the first season’s record. Meanwhile, Carry-On, the latest Netflix original movie, has reached 149.4 million views in just four weeks, securing a spot as the fifth most-watched Netflix film of all time.

While we await more developments, it's clear that Netflix is entering an exciting new era, with Squid Game continuing to break records and RAW ushering in a new wave of live content.