Netflix is setting another trip to the Upside Down, renewing its flagship series Stranger Things for a fourth season and signing series creators and showrunners The Duffer Brothers to a big multi-…
No terms are being disclosed but industry sources estimate that, given the enormous global success ofthe deal with the Duffer Brothers would be comparable to the five-year, nine-figure overall pact Netflix recently signed withThe Season 4 renewal ofwas announced with a video, which you can see above. In addition to some Upside Down imagery, it confirms that the series will be partially leaving Hawking, ID and provides a possible clue about a new setting of Season 4.
Because of Netflix’s cost plus model, which does not allow creators to reap the full financial benefits of mega hits they would under the traditional TV model, there had been talk that the Duffer Brothers had renegotiated their deals, and the new overall pact is expected to reflect the enormous success of their show and its importance to Netflix.
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