Netflix signs deal with ‘Stranger Things’ producer to develop exclusive content for the service

Just like what Netflix has done with Shonda Rhimes, Netflix has secured a deal with Stranger Things producer Shawn Levy for what’s said to be a four-year, eight figure agreement. During that time, Levy will be creating exclusive TV projects for the streaming service. Levy is known to have directed and produced the Night at the Museum films as well as produced the critically acclaimed sci-fi hit Arrival. The deal comes at an opportune time as the service needs to keep its moment of releasing hit shows as it stumbles over having to fire some of its big talents like Kevin Spacey and Danny Masterson over sexual harassment and rape allegations, which the two have been accused of respectively.

Source: Engadget