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,

Matt and Ross Duffer, creators of Stranger Things, are joining Paramount in a four-year deal to develop films, TV, and streaming projects

Brothers Matt and Ross Duffer, best known for creating the Netflix juggernaut "Stranger Things," are officially in business with Paramount.