Netflix is officially moving forward Season 4 of their hit series Stranger Things via TheHollywoodReporter.

It’s also been announced that creators the Duffer Brothers have signed an overall deal with Netflix worth nine figures to see them develop new television series and films for the streaming service.

The streaming giant has handed out a fourth-season renewal to breakout hit Stranger Things and signed its creators, brothers Matt and Ross Duffer, to a multiple-year film and TV overall deal that sources say is worth nine figures. The news arrives nearly three months after the third season of the streamer’s 1980s-set sci-fi drama returned after more than a year off the proverbial air. A return date for season four has not yet been determined.

This is a similar move to the recent overall deal Netflix made with Game of Thrones showrunners David Benioff and D.B. Weiss, who will also develop series and films for them.

Netflix is investing big money in these development deals in the wake of HBO Max and Disney+ coming into the picture.

The first season took place in 1983 with the latest season taking place in 1985, an assumption that upcoming season could take place during 1986.

Netflix posted this new teaser video for the next season on the show’s Twitter account and seemingly suggests it could be taking place inside the Upside Down.

An obvious nod to the Wizard of Oz.

SOURCE: THE HOLLYWOOD REPORTER

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