Stranger Things creators step away from Netflix ahead of season 5 release, sign deal with Paramount
According to Variety, the Stranger Things creators have entered into a contract with Paramount for 'ambitious' and 'large-scale theatrical films,' as well as television and streaming projects. Their new deal with Paramount will begin after their contract with Netflix ends in April 2026. However, as reported by Deadline, the brothers will continue to remain involved in the Stranger Things franchise and its spinoffs, including the upcoming shows The Boroughs and Something Very Bad Is Going to Happen.
The Duffer Brothers expressed excitement about this new career endeavor. They told Variety, 'We couldn't be more thrilled to be joining the Paramount family. To be part of that mission is not just exciting – it's the fulfillment of a lifelong dream. And to do so at a studio with such a storied Hollywood legacy is a privilege we don't take lightly.'
The duo also reunited with Cindy Holland, Paramount's new head of streaming. Cindy, who previously served as VP for Original Content at Netflix before joining Paramount, had greenlit Stranger Things on Netflix. They have also reconnected with Matt Thunell, president of Paramount Television, who collaborated with them during their time at Netflix.
Speaking about reigniting these earlier associations at Paramount and how it will help them take their vision forward, the brothers said, 'We're also excited to reunite with our friends Cindy [Holland] and Matt [Thunell], who were among the very first to believe in us and an unusual little script we wrote that became 'Stranger Things.' They took a chance on us in 2015, and they're taking a chance again – we can't wait to create new stories together.'
The Duffer Brothers are currently focused on the fifth and final season of Stranger Things, which will release in three parts in November. The hit Netflix series stars Winona Ryder, David Harbour, Finn Wolfhard, Millie Bobby Brown, Gaten Matarazzo, Caleb McLaughlin, Natalia Dyer, and Charlie Heaton in lead roles.
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