The Duffer brothers are moving on from Netflix in 2026.
Brothers Matt and Ross Duffer have been with Netflix since 2015, but it’s time to move on as the Stranger Things creators signed a deal with Paramount.
“We couldn’t be more thrilled to be joining the Paramount family,” the Duffers said in a statement with Variety. “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 Duffer brothers have signed a four-year exclusive deal with Paramount that will begin in April 2026 after their deal with Netflix has concluded. The deal includes movies, TV, streaming projects, and “large-scale theatrical films.”
Moving forward with Paramount, upcoming projects will also be developed through the Duffer’s production company, Upside Down Pictures.
“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.”
Condy Holland is the new head of streaming at Paramount, and was the one who greenlit Stranger Things at Netflix, alongside Matt Thunnell, president of Paramount Television.
Netflix is gearing up for the fifth and final season of Stranger Things, with the Duffer brothers remaining involved in their other existing projects with the streaming platform.
“We’re excited to continue collaborating – not only on the upcoming release of ‘Stranger Things 5,’ but also on shows we’re deeply proud to be producing, including ‘Something Very Bad Is Going to Happen’ and ‘The Boroughs.’ And we look forward to building out the future of ‘Stranger Things’ together – there are many more stories to tell beyond Hawkins, and we can’t wait to share them.”
Stranger Things Season 5 will premiere Volume 1 on November 26, with Volume 2 releasing on December 25, and the final eight episodes on December 31.
