Squid Game season 2, the Shrinking season 2 finale, and Nicole Kidman's Babygirl top this week's Must List

Last week, EW partnered with the Screen Actors Guild on their Awards Season Celebration. After being a part of the inaugural event last year, it's quickly become a favorite December season tradition — or as I've dubbed it, Hollywood's Holiday Party. The guest list was stacked, but I won't lie that I actually gasped seeing Diane Lane in person.

Even though winter break is rapidly approaching, we're still hard at work here at EW to make sure you're aware of all the entertainment options at your fingertips during the holidays. In addition to the five staff picks below, I also suggest checking out our latest cover story, which dives into the business of making Suits spinoff Suits LA. (Had to get one last shameless plug in before year's end!) —Patrick Gomez, Editor-in-Chief

P.S. If you want to receive the Must List in your inbox, sign up for our  "Entertainment Weekly and Awardist" newsletters. You'll receive all three each week — the trifecta of entertainment news.

"Squid Game"

Spoiler constraints prohibit me from saying much at all, but just know that with his seven-episode sophomore season, creator Hwang Dong-hyuk puts grim-faced Gi-Hung (Lee Jung-jae) through the candy-colored wringer again. Expect chilling new games and standout new characters. My personal favorites: Kang Ae-sim and Yang Dong-geun as a bickering mother-son duo, and Choi Seung-hyun as a purple-haired rapper who calls himself "Thanos." It all culminates in a chaotic climax that will make the wait for the Netflix series' third and final season even harder. —Kristen Baldwin, TV Critic

"Nosferatu"

Nosferatu gets a Dec. 25 release, so the gothic horror is now officially a Christmas movie. Here's the evidence: There's at least one Christmas tree, it snows half the time, there's a Christ (albeit of the "anti" variety), there's a bearded guy bringing holiday cheer (i.e. Willem Dafoe with a mustache), and everyone's crying around the dinner table (just not for the reasons you think). Move over, Die Hard... —Nick Romano, Senior Editor

"Shrinking"

Give yourself the best early holiday present ever and catch up on Shrinking so that you're ready for the season 2 finale when it drops on Christmas Eve. The entire season is even richer than the first. But the finale, which brings the ensemble together for Thanksgiving, is the show at its best — with all the attendant laughs, gasps, and heartfelt pathos we've come to expect. —Maureen Lee Lenker, Senior Writer

"Babygirl"

Nicole Kidman says she wanted "to be the babygirl" of the movie as soon as she heard the title. And we get it! It's hot, it's steamy, Harris Dickinson calls her "good girl," and it's just a damn good psychosexual thriller. It's also out Christmas Day, so also a Christmas movie now — one that will have you taking that glass of milk from Santa. —Gerrad Hall, Editorial Director

"Eureka Day"

Jonathan Spector's play about a series of elementary school Board of Directors meetings is certainly timely with its spirited debate about vaccine mandates, but it's the funniest scene of the Broadway season that provides a true shot in the arm. —Dalton Ross, Editorial Director