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

"Stranger Things" creators The Duffer Brothers are joining Paramount in a wide-ranging four-year, exclusive deal.