Paramount Secures $1.5B Deal for 'South Park' Streaming Rights on Paramount+

Paramount Global has signed a $1.5 billion deal with "South Park" creators Trey Parker and Matt Stone for exclusive global streaming rights to the entire library, including new episodes for Paramount+. The deal secures all previous episodes and 50 brand-new ones for Paramount+ over the next five seasons. Paramount will obtain streaming rights to the entire South Park library, including the newly launched 27th season.

Title: Paramount Global Secures $1.5 Billion Deal for Exclusive "South Park" Streaming Rights

Paramount Global has sealed a significant deal with the creators of the iconic animated series "South Park", Trey Parker and Matt Stone, for exclusive global streaming rights to the entire library. The agreement, valued at $1.5 billion, secures all previous episodes and 50 brand-new ones for Paramount+ over the next five seasons. This deal marks a strategic move by Paramount to bolster its streaming offerings and capitalize on the enduring popularity of the series.

Under the terms of the agreement, South Park will continue to air on Comedy Central and will debut on Paramount+ the day after each episode airs on the cable network. The deal also ensures that all 26 previous seasons of the show will be available to stream on Paramount+ for the first time, providing a comprehensive library for subscribers.

The new season of South Park, which was originally scheduled to debut on July 9 but was delayed due to negotiations, is set to premiere on Comedy Central on July 23 and on Paramount+ the following day. The series has been a mainstay on Comedy Central since its debut in 1997 and has since become one of the most beloved and enduring shows in television history.

The deal comes after a period of uncertainty surrounding the future of the show, with negotiations between Park County, Paramount Global, and Skydance (which is set to assume control of Paramount) reaching a critical juncture. The creators of South Park, Trey Parker and Matt Stone, expressed their gratitude for the extension and the trust placed in them by Paramount Global. They are committed to continuing to produce the show for the next five years.

"This deal is a testament to the enduring value and popularity of South Park," said Chris McCarthy, co-CEO of Paramount Global and president of Showtime/MTV Entertainment. "Trey and Matt are exceptional talents and trusted partners, and we are thrilled to have them on board for the foreseeable future."

The $1.5 billion deal is a significant investment for Paramount Global, but one that aligns with the company's strategy to expand its streaming offerings and compete in the rapidly evolving media landscape. By securing the streaming rights to one of the most beloved and enduring series in television history, Paramount Global is positioning itself to attract and retain a large subscriber base.

References:
[1] https://www.tvtechnology.com/news/paramount-global-inks-new-deal-for-south-park
[2] https://www.hollywoodreporter.com/tv/tv-news/south-park-paramount-deal-5-years-1236324420/
[3] https://variety.com/2025/tv/news/south-park-renewed-paramount-plus-trey-parker-matt-stone-1236468038/