The agreement, which is expected to prioritize ambitious and large projects, will enter into force after the end of its current contract with Netflix in April 2026.
The brothers Matt and Ross Dufferknown for creating the success of Netflix Stranger Thingsthey are officially associated with Paramount.
The couple separates from Netflix to sign a four -year exclusivity agreement for feature films, television and streaming projects with Paramount. The agreement, which is expected to prioritize ambitious and large projects, will enter into force After the end of his current contract with Netflix in April 2026.
The next projects will be developed through its producer, Upside Down Pictures, directed by the brothers and their producer and president, Hilary Leavitt.
“We are delighted to join the Paramount family,” said Matt and Ross Duffer in a statement. “Being part of this mission is not only exciting, but it is the realization of a life of a lifetime. And doing so in a study with such a historical legacy in Hollywood is a privilege that we do not take light. We are also excited to meet our friends Cindy [Holland] and Matt [Thunell]who were among the first to believe in us and an unusual guioncious that we wrote and that became ‘Stranger Things’. They risked with us in 2015 and risk again; We are looking forward to creating new stories together. ”
As indicated in its statement, the decision brings together the Duffer with Cindy Hollandthe new Streaming director of Paramount, who gave the green light to “Stranger Things” in Netflix, and Matt Thunellpresident of Paramount Television, who also worked with the brothers on the streaming platform. The couple will also work with Josh Greenstein and Dana Goldberg, who share the creative responsibilities of films and series in Paramount.
Paramount’s fusion with Skydance and study plans
Its hiring, which occurs shortly after the fusion of 8 billion dollars from Paramount with Skydance, is part of the company’s president and CEO, David Ellison, of being the “First option for filmmakers and artists looking for a creative home to defend their work and amplify it in a global stage”.
This news comes while the Duffer prepare for the fifth and final season of “Stranger Things” in Netflix. After finishing their agreement with Netflix, the Duffer will continue to be involved in “Stranger Things” and their other development projects.
“Our time in Netflix has been incredible. Ted [Sarandos]Bela [Bajaria] and Peter [Friedlander] They have given us the creative freedom and the support that artists dream, but that they rarely receive. A decade later, they are like a family, ”Duffer continued.
Source: Ambito
I am an author and journalist who has worked in the entertainment industry for over a decade. I currently work as a news editor at a major news website, and my focus is on covering the latest trends in entertainment. I also write occasional pieces for other outlets, and have authored two books about the entertainment industry.
