But Paramount can offer something that Netflix can’t—or more accurately won’t—which is theatrical releases. The Duffers only have one film under their belt, 2015’s Hidden, but Paramount seems to be betting that the writer-directors have blockbuster potential.

Looks like Stranger Things creators Matt and Ross Duffer may be headed for a big new chapter, and it might not be at Netflix. Word is the Duffer Brothers are deep in talks with Paramount Global, now under the leadership of David Ellison and his Skydance Media,

Two of Netflix’s most valuable players may be heading to Paramount. Matt and Ross Duffer are eyeing an overall deal at the studio, The Hollywood Reporter has confirmed. The Duffers became name-brand creators when the first season of Stranger Things bowed in 2016 and has since become a crown jewel for the streaming service.