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'Stranger Things' creators, the Duffer Brothers, ink 4-year deal with Paramount Skydance
CNBCยท 2025-08-19 18:23
Group 1 - The Duffer Brothers have signed an exclusive four-year deal with Paramount, which has recently merged with Skydance, for feature films, television, and streaming projects [1][2][5] - Their contract with Netflix will end in April 2026, after which Upside Down Pictures, led by the Duffer Brothers, will start developing projects for Paramount Pictures and Paramount Television [2][4] - The Duffer Brothers expressed excitement about joining Paramount, viewing it as a fulfillment of a lifelong dream to bring bold, original films to the big screen [3] Group 2 - The Duffer Brothers are currently working on two projects for Netflix, "Something Very Bad Is Going to Happen" and "The Boroughs," and will continue to be involved with Netflix for these projects [4] - The merger of Paramount and Skydance is aimed at investing in high-quality storytelling and cutting-edge technology to define the next era of entertainment [5]