"Stranger Things" is the most anticipated series in July.
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New York (CNN) --
"Stranger Things" is coming to an end, but its stories will live on.
Both a "Stranger Things"
spinoff
and a "play set in the world and mythology" of the show are coming to Upside Down Pictures, a new production company founded by the show's creators, The Duffer Brothers.
Why Netflix split this season of "Stranger Things"
Upside Down Pictures is part of Netflix's ongoing deal with Matt and Ross Duffer, who said in a statement that their goal is to create stories like the ones that inspired them to grow up that "take place at that beautiful crossroads where the ordinary meets the ordinary." the extraordinary, where the great show coexists with the work of intimate characters, where the heart wins over cynicism”.
The Duffers foreshadowed the spinoff news in February when they said the upcoming season of "Stranger Things 5" would be the series' last.
"There are still so many more exciting stories to tell within the world of 'Stranger Things,'" they said at the time.
"New mysteries, new adventures, unexpected new heroes."
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It's no surprise that Netflix is investing more in "Stranger Things."
Its latest season is the most popular English-language television series in the company's history, with 1.15 billion hours watched in its first 28 days.
That's especially important for Netflix in 2022, as the stock has plunged about 70% so far this year and lost subscribers for the first time in more than a decade during the first quarter.
As for Upside Down Pictures, other projects in the works include a series based on the 1984 fantasy novel "The Talisman," written by Peter Straub and Stephen King.
Hilary Leavitt, who developed such hits as "Ozark" and "Orphan Black," will run the company.
Netflix Stranger Things