It also makes sense with the popularity of that series and the resurgence in Stephen King properties of late,how Firestarter might seem especially appealing for audiences in the current marketplace.
If you think that sounds similar to Stranger Things, Charlie’s parents also participated in The Shop’s experiments with LSD and gained powers that caused nosebleeds.
As Variety notes in the director report, the success of IT has studios fast-tracking their Stephen King properties and for Universal, Firestarter has been in development for a while and was the most ready get started.
So yeah, you can definitely see where the Netflix series mined some of its nostalgic story from.