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South Park Creators Reach Five-Year, $1.5 Billion Paramount+ Streaming Pact

Valued at $300 million annually, the nonfinal five-year pact secures a ten-episode-per-year commitment for South Park on Paramount+ in the U.S.

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South Park lands billion-dollar streaming deal with Paramount
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Overview

  • South Park’s $500 million HBO Max exclusivity expired in June, prompting the removal of episodes from streaming platforms.
  • Initial negotiations stalled after executive intervention linked to the pending Paramount-Skydance merger delayed Season 27’s premiere to July 23.
  • Paramount has yet to formally confirm the streaming agreement, as the five-year pact remains subject to finalization.
  • Park County will retain revenue-share rights under its 2007 joint-venture agreement, ensuring a continued stake in streaming earnings.
  • Parker and Stone are simultaneously negotiating a new overall production deal to keep South Park on Comedy Central beyond 2027.