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11h ago

South Park Creators Ink $1.5 Billion, Five-Year Streaming Deal With Paramount+

Pending final approval, the pact will deliver exclusive global streaming on Paramount+ under a five-year, $300 million-per-year agreement with ten new episodes produced annually.

Trey Parker and Matt Stone attend the premiere of "Casa Bonita Mi Amore!" at the Tribeca Festival at Spring Studios on June 07, 2024 in New York City.
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Overview

  • The agreement, reached on July 22, clears the way for South Park’s full library to move back to Paramount+ just before the show’s Season 27 premiere and creators’ Comic-Con panel.
  • Paramount+ will become the series’ U.S. streaming home for the first time, securing exclusive global rights to all past and future episodes.
  • The five-year deal is valued at $1.5 billion, paying $300 million per year to Trey Parker and Matt Stone’s Park County production company.
  • Under the terms, Parker and Stone will deliver ten new episodes of South Park each year throughout the contract.
  • Final sign-off is still pending and the duo is separately negotiating a new overall production deal with Paramount to extend their partnership beyond 2027.