In a deal that places the “Rugrats” in the “Stranger Things” universe, Nickelodeon has joined forces with Netflix in an agreement to co-produce feature films and TV series.

The multi-year deal, signed Wednesday, will see some classic Nickelodeon characters, as well as new ones, featured in new projects “for kids and families around the world,” according to a statement. “Nickelodeon has generated scores of characters that kids love, and we look forward to telling wholly original stories that re-imagine and expand on the worlds they inhabit,” says Netflix’s Melissa Cobb.

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