Published 1 year ago • loading... • Updated 1 year ago
'South Park' creators reach $1.5 billion streaming deal with Paramount, LA Times reports
UNITED STATES, JUL 22 – The $1.5 billion deal secures exclusive U.S. streaming rights to South Park on Paramount+ with 50 new episodes ordered over five years, boosting Paramount+ against competitors.
Paramount has signed a five-year agreement with Trey Parker and Matt Stone for streaming rights on Paramount+, reportedly worth $1.5 billion.
The deal includes an annual payment of $300 million and a commitment to produce 10 new episodes each year.
Parker and Stone expressed frustration over the ongoing licensing battle, stating, 'This merger is a sh**show and it’s f***ing up South Park.'
The negotiations included potential legal threats against Paramount's incoming president, but were ultimately successful in reaching this agreement.
After months of negotiations, South Park is moving to Paramount+. Creators Trey Parker and Matt Stone have signed a $1.3 billion deal that includes 50 new episodes and access to all 26 previous seasons.