‘Stranger Things’ Gets Season 4, Its Creators Get a Deal, and Netflix Faces the Content Conundrum

Today, Netflix announced that “Stranger Things” creators Matt and Ross Duffer signed a multi-year overall deal (terms not disclosed) to create films and television series for Netflix, with “Stranger Things” Season 4 being the first.

Netflix dropped a teaser for that season alongside the announcement of the Duffer Brothers deal, but it doesn’t say much other than Season 4 exists.

That said, it wouldn’t be surprising to see the “Stranger Things” franchise continue in a spinoff capacity.The Netflix-Duffer Brothers deal is the latest in a string of major-talent pickups for the streaming giant.

Netflix signed nine-figure deals with Shonda Rhimes and Ryan Murphy (whose “The Politician” premiered on Netflix September 27) last year, and the company also inked a nine-figure contract with “Game of Thrones” creators David Benioff and D.B.

Weiss in August.

In the overheated TV landscape, brand-name creators are as good as top-flight IP.For Netflix, a Duffer

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