An article from today’s Wall Street Journal shared that Stranger Things Season 4 “has a per-episode cost of $30 million, according to people close to the show.”
According to a Wall Street Journal report, Netflix apparently spent $30 million on each episode of the show’s upcoming fourth season, which is double what HBO paid for each episode of the final season of Game Of Thrones—the show with elaborate castle sets, dragons, fantasy costumes, and (no offense) more than two or three named actors who you might recognize from other things. Unless they’re shooting this thing on-location in the Upside Down with IMAX cameras and they genetically engineered a real-life Demogorgon, it doesn’t seem like it should be costing that much money.
Stranger Things season 4's reported budget will make these the most expensive episodes of television made to date if the $30M price tag is correct. Game of Thrones' episodes topped out at $15M according to reports, while Marvel Studios upped the ante with its Disney+ shows, as Loki, WandaVision, and others reportedly cost $20-$25M per episode. If Stranger Things season 4 is indeed the most expensive per-episode show ever made, it won't hold that title for too long based on Prime Video's The Lord of the Rings: The Rings of Power's nearly $500M budget for the first season.
Stranger Things Season 4 first volume of episodes will launch on May 27 with the second volume launching on July 1.
