The duo's project will arrive on Nov. 3, 2028.
No plot details are known about the project, which Matt and Ross Duffer will write and direct. Paramount is describing it as an event film, but with all things involving the pair, its all being kept under lock and key.
, which catapulted them to be among the most important creatives at the streamer. Ahead of the series finale dropping on Dec. 31, 2025, the new David Ellison-owned Paramount lured the Duffers with an exclusive, four-year pact that will see them create movie, TV and streaming projects they will make via their Upside Down Pictures banner.
On the streaming side of things, the deal sees them reunite with Cindy Holland, chair of direct-to-consumer at Paramount, and Paramount TV Studios president Matt Thunell, who were among the execs at Netflix who took a chance on the Duffers andIn a statement at the time of joining Paramount, the pair said making movies at a studio “with such a storied Hollywood legacy is a privilege we don’t take lightly. ”The Hollywood Reporter is a part of Penske Media Corporation. © 2026 The Hollywood Reporter, LLC. All Rights Reserved.
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