Stranger Things Season 4 Reportedly Has a Per-Episode Cost of $30 Million

The much-anticipated fourth season of Stranger Things is set to be the biggest yet for the series, and the cost to make it so is allegedly just as big as this new season is said to have a per-episode cost of $30 million.

As reported by the Wall Street Journal, this news comes via a longer article about Netflix’s shift to being more cost-conscious after years of “prioritizing growth over cost-efficiency.” Stranger Things was used as an example of a show that needs “under-the-radar, relatively low-cost hits” to balance out its massive price tag.