“ Stranger Things ” auteurs Matt and Ross Duffer spoke for the first time about their blockbuster deal with Paramount on Thursday, at Variety ’s Entertainment and Technology Summit in Los Angeles. In August, the Duffers announced that their company Upside Down Pictures is leaving Netflix for an exclusive, four-year deal with Paramount for movies, television and streaming projects, and as the Duffers explained to Variety ‘s Michael Schneider, the decision hinged on their desire to release a feature films in theaters.

“When Matt and I were talking about what we want to do next, it really came down to we wanted to do a movie, specifically an original movie — a big original film,” Ross Duffer said. “And theatrical is so important to us.”

He added that they hadn’t sought out a new d

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