‘South Park' creators reach US$1.5 billion streaming deal with Paramount: report
Paramount has agreed to acquire the global streaming rights for South Park in a deal aimed at bringing the show to its digital platform, Paramount+, the report said, citing sources familiar with the negotiations.
The deal with the show's creators, Trey Parker and Matt Stone, through their Park County Production company, values the global streaming rights at US$300 million annually, the report said, adding that the five-year deal would bring the show US$1.5 billion from streaming alone.
Reuters could not immediately verify the report.
Paramount did not immediately respond to a request for comment outside regular business hours, while Park County Production could not be reached for comment.
The news comes just ahead of Comedy Central's premier of the 27th season of South Park on Wednesday.
South Park premiered on Comedy Central, a network owned by Paramount, in August 1997. REUTERS
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'It's both surreal and incredibly exciting for our team. It continues to inspire us every day,' she shared. WHAT'S NEXT Now in its fifth year, Vivaia shows no signs of slowing down. The company has grown into a global team of over 200 people across design, R&D, marketing, logistics and customer care – and since its launch, has reached more than a million customers in 61 countries. Its top markets include the United States, United Kingdom and Japan. 'Over the next five years, our focus is to keep listening closely to our customers, investing in great people, and continuously improving our products,' said Chan. 'We want to reach more people and make it easier for people everywhere to experience what we stand for.'
