Stranger Things Creators Sign Four-Year Deal with Paramount Starting 2026

Matt and Ross Duffer, creators of the hit Netflix series "Stranger Things," have signed an exclusive four-year deal with Paramount, starting after their Netflix contract ends in April 2026. This agreement covers feature films, television, and streaming projects, marking a significant move from Netflix to Paramount, which recently merged with Skydance. The Duffer brothers expressed excitement about joining Paramount, citing a shared passion for bold, original films and the opportunity to reunite with industry figures who supported them early in their careers. While the brothers will develop new projects under Paramount, they will continue to work with Netflix on their existing projects, including the final season of "Stranger Things" and other productions like "Something Very Bad Is Going to Happen" and "The Boroughs." Paramount CEO David Ellison has emphasized investing in high-quality storytelling and technology to define the next era of entertainment, signaling the company's commitment to attracting top creative talent. This deal highlights Paramount's strategy to become a leading destination for premier filmmakers and creators.