'Stranger Things' Creators Head to Paramount — Here’s Why That Could Be Brilliant… or Risky

A bold new chapter begins beyond the Upside Down.
With Stranger Things ending after season five, the question was what Matt and Ross Duffer would do next. Now we know: they’re in talks for a major Paramount deal spanning streaming and theatrical projects — something their Netflix partnership simply didn’t include.
It’s a career pivot that could feel like destiny… or danger.
A Return to Familiar Faces
This isn’t just a studio swap. At Paramount, the Duffers will reunite with Cindy Holland and Matt Thunell, the same executives who first championed Stranger Things. That kind of creative chemistry is rare — and could be exactly what sparks their next cultural hit.
The Risk Beyond Hawkins
The Duffers’ work outside their Netflix juggernaut is minimal: the 2015 indie horror Hidden and a few Wayward Pines scripts. Since then, they’ve lived entirely inside the Stranger Things world.
The move invites inevitable comparisons to the Russo brothers — filmmakers who soared with Avengers: Endgame but struggled to replicate that success once freed from the safety net of a massive IP.
Leaving Hawkins means the Duffers must prove they can create another universe that captures audiences just as fiercely — and history suggests that’s a tough spell to cast twice.