Overview

• On June 21, Park County sent a legal demand accusing Jeff Shell of directing Netflix and Warner Bros. Discovery to grant Paramount+ a 12-month exclusive window and shorten their deals from ten to five years
• The creators’ company warns it will sue Shell, RedBird Capital, and Skydance Media if the alleged interference does not stop
• Skydance and RedBird contend that the pending merger agreement gives them the right to approve all material contracts before the deal closes
• Central to the dispute is South Park Digital Studios, a joint venture between Trey Parker, Matt Stone, and Paramount that holds streaming rights under a $900 million deal with two years remaining
• Paramount’s takeover by Skydance awaits federal approval and Park County’s lawyers argue Shell’s actions could violate antitrust restrictions on pre-closing self-dealing