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On the Atlanta set, Matt and Ross Duffer are racing to land Stranger Things’ fifth and final season, directing feature-length Episode 4 while threading 21 characters and years of mythology into a decisive end. Netflix will roll out four episodes at Thanksgiving, three at Christmas and the finale on New Year’s Eve. The brothers, buoyed by a new four-year Paramount deal to pursue theatrical films, vow a complete, connected conclusion — and describe tearful final shoot days — even as reports peg per-episode costs as high as $50–$60 million.

Prepared by Emily Rhodes and reviewed by editorial team.