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4h ago

Stranger Things Final Season Reportedly Costs $50–$60 Million Per Episode

The reported spend reflects feature-length episodes with a three-volume holiday rollout.

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Stranger Things Season 5 Budget Revealed!

Overview

  • A Puck report by Kim Masters says Season 5 carries a $50–$60 million price tag per episode, implying a total near $400–$480 million, which Netflix has not confirmed.
  • The budget would roughly double Season 4’s reported ~$30 million per episode despite Season 5 running eight episodes versus nine previously.
  • Episodes are expected to be movie-length, with runtimes reportedly ranging from about 90 minutes to two hours.
  • Netflix plans a staged release: Episodes 1–4 on November 26, Episodes 5–7 on December 25, and the finale on December 31, 2025.
  • The reported outlay would place the season among the most expensive in TV, comparable to The Lord of the Rings: The Rings of Power’s first season.