Netflix can’t renew your favorite shows, but it can spend $30 million per episode of Stranger Things
That's supposedly how much each episode of the new season costs, at least

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Oh, wow! This dragon was expensive! Photo: Ryan Pierse
If you’re wondering what Netflix is doing with the outrageous amount of money it charges subscribers these days, we now have an answer: It’s all going to Stranger Things. That in and of itself is not surprising, since Stranger Things is the platform’s biggest hit and it only costs so much to make Bridgerton and varyingly trashy reality shows that everyone talks about for a weekend and then immediately forgets, but what is surprising is just how much cash Netflix is dumping into its ‘80s nostalgia machine.