Paramount continues to make waves with splashy deals following Skydance’s acquisition. We’re are hearing that Stranger Things creators Matt and Ross Duffer are in talks for a massive overall deal at the David Ellison-run media company. Details are still being finalized, and sources caution that things still could fall through but we’re hearing it would include both streaming and features with a big theatrical component, something the duo were not able to do at their current home, Netflix.

A rep for Paramount declined comment.

This would mark the first major move for Cindy Holland, Paramount’s Chair of Direct-to-Consumer, who, as Head of Originals at Netflix, championed Stranger Things . In fact, the Duffers would be reunited with two executives who were key to Netflix betting on the

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