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,

The creators of Stranger Things are migrating to Paramount to secure theatrical releases and other exciting opportunities in the near future.

The minds behind Stranger Things are departing from the streaming platform to pursue projects intended for theatrical release. There has been no announcement regarding a fourth film in Rian Johnson's Knives Out series,