Trey Parker & Matt Stone ink a $1.5B, five‑year streaming pact with Paramount+, bringing 50 new “South Park” episodes and all 26 seasons to the service.
Just hours before South Park’s Season 27 premiere, co‑creators Trey Parker and Matt Stone have cemented the show’s future with a new five‑year overall deal through their company, Park County, and an exclusive licensing agreement with Paramount+ worth roughly $1.5 billion.
Under the deals, Parker and Stone will deliver 50 new episodes over five additional seasons, while Paramount+ becomes the exclusive U.S. and global streaming home for all 26 past seasons and every new installment, beginning with Season 27’s episodes, which will land on Paramount+ the day after they air on Comedy Central.
For the past five years, South Park’s extensive library streamed only on HBO Max in the U.S. As of this afternoon, that archive starts migrating to Paramount+, where it will be available alongside fresh episodes.
Internationally, the show also returns to Paramount+ after a hiatus caused by contract disputes that outlasted the previous licensing term. Talks to maintain a non‑exclusive arrangement with HBO Max fell through, clearing the way for the Warner Bros. Discovery streamer to relinquish its hold on South Park.
Paramount Global’s leadership hailed the agreement as a home run. “Matt and Trey are singular, creative forces whose fearless humor and boundary‑pushing storytelling have made South Park one of the most beloved and enduring series ever—more popular today than at any point in its history, and one of the most valuable TV franchises in the world,” said Chris McCarthy, co‑CEO of Paramount Global and president of Showtime/MTV Entertainment.
He added that Comedy Central and Paramount+ “will be the home to South Park for years to come.”
Behind the scenes, the negotiations were anything but smooth. The deal ended a protracted and, at times, contentious standoff between Parker, Stone, and Paramount’s incoming owner Skydance.
Parker and Stone publicly called the merger talks a “shtshow” that “fcked up South Park,” after they alleged interference by Skydance’s Jeff Shell in discussions over streaming rights—including the length of a prospective license. The new pact ultimately mirrors the overall deal’s five‑year term, rather than the 10 years the creators had originally sought.
The fresh agreement replaces Parker and Stone’s prior $900 million deal, inked in 2021, which also spanned five years and extended the show through 2027. Now, both the production and streaming extensions align through roughly 2030, giving fans—and the creators themselves—certainty about South Park’s trajectory.
Expressing gratitude, Stone thanked Chris McCarthy and Keyes Hill‑Edgar, COO of Showtime/MTV Entertainment, “for years of great partnership” and looked forward to “making South Park for the next five years.” Parker echoed his sentiment, emphasizing that the deal “is about more than a contract—it’s about our commitment to this organization, our teammates, and our fans,” and promising to “bring championships to this city.”
Since its debut on August 13, 1997, South Park has become a cultural powerhouse, known for its irreverent satire and sharp social commentary.
Executive producers Parker, Stone, Anne Garefino, and Frank C. Agnone II—alongside producers Eric Stough, Adrien Beard, Bruce Howell, and Vernon Chatman—will continue steering the series under the creative direction of Christopher Brion at South Park Digital Studios.
Fans can rest easy knowing the next half‑decade is officially reserved for Cartman, Kenny, Kyle, Stan, and the rest of the gang.
