South Park creators Trey Parker and Matt Stone strike a new mega-deal with ViacomCBS, through MTV Entertainment. The deal renews South Park until its 30th season in 2027. It also locks in 14 movies from the producing pair for the Paramount+ streaming service.
Bloomberg estimates the new agreement is worth $900 million over six years. That price includes an advance of $150 million for Parker and Stone. The team also retain their “ongoing profit participation.” According to Variety, that tips the IP’s worth over $1 billion.
“Matt and Trey are world-class creatives who brilliantly use their outrageous humor to skewer the absurdities of our culture and we are excited to expand and deepen our long relationship with them to help fuel Paramount+ and Comedy Central.”Chris McCarthy, President-CEO of MTV Entertainment Via Variety
ViacomCBS, owners of Comedy Central, has been the home of South Park since its 1997 launch. HBO Max licensed older episodes a couple of years ago for $500 million. This new deal shows Paramount+ is a top priority for the company, and here to compete.
No information on whether or not this includes the rights to “BASEketball.”