United Kingdom, Aug. 20 -- Stranger Things creators Matt and Ross Duffer are leaving Netflix next year after reaching a deal with Paramount.

The sibling duo have inked a four-year exclusive deal with the studio to cover movies, TV and streaming projects, which will kickstart when their Netflix arrangement ends in April 2026.

They said in a statement: "We couldn't be more thrilled to be joining the Paramount family. To be part of that mission is not just exciting - it's the fulfillment of a lifelong dream.

"And to do so at a studio with such a storied Hollywood legacy is a privilege we don't take lightly.

"We're also excited to reunite with our friends Cindy [Holland] and Matt [Thunell], who were among the very first to believe in us a...