Netflix has signed “Stranger Things” director/producer Shawn Levy and his production company 21 Laps to what sources say is a four-year, seven-figure deal, the Hollywood Reporter reported. Levy fielded multiple offers from various film and TV outfits before opting to focus on TV at Netflix, sources say.
Netflix and Levy’s production company first teamed up on “Stranger Things,” which was recently renewed for a third season after earning 18 Emmy nominations. Levy played a large role in bringing the series to the streaming giant, and served as executive producer on it alongside Iain Paterson and 21 Laps’ Dan Cohen.
“Shawn and 21 Laps are courageous and adept storytellers who lean into risk both narratively and by nurturing great young talent,” said Cindy Holland, Netflix’s vice president of original content. “They have an admirable track record for telling ambitious stories that have incredible heart and which resonate with audiences all over the world.”
This isn’t the first deal of its kind for Netflix. In August, the company signed Shonda Rhimes and her successful production company Shondaland. Additionally, in November Netflix signed an exclusive multi-year deal with Jenji Kohan, who is behind two hit popular series for the streaming company, “Orange Is the New Black” and “GLOW.”