Up until this point, it had only been reported that the Duffer Brothers were planning to exit Netflix, though now it’s been confirmed. THR reports that the famous siblings inked a four-year deal with Paramount (which recently merged with Skydance) that’ll encompass TV,

Stranger Things' creators Matt Duffer and Ross Duffer have reportedly signed a four-year exclusive deal with Paramount. Their deal with Netflix will end in April 2026.

The ‘Stranger Things’ creators will create movie, TV and streaming projects for the studio, with a focus on tentpole films.