Yes you read that headline correctly.
“South Park” creators Trey Parker and Matt Stone have reportedly closed an expansive new $900 million deal with ViacomCBS’ MTV Entertainment Studios.
The biggest element of this deal? The pair will produce a whopping fourteen movies based on the enduring Comedy Central animated franchise exclusively for the Paramount+ streaming service. In fact, two are expected to arrive before the year’s end.
In addition, the pact also renews “South Park” as a series for Comedy Central for five more seasons – taking it through its 30th season in 2027. Chris McCarthy, MTV Entertainment President and Paramount+ CCO, & CCO/Adult Animation, says in a statement:
“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. Franchising marquee content like South Park and developing new IP with tremendous talent like Matt and Trey, is at the heart of our strategy to continue growing Paramount+.”
The announcement was a part of an investor day presentation from ViacomCBS which added 6.5 million streaming subscribers in the second quarter, reaching 42 million worldwide across Paramount+ and Showtime. In addition, ViacomCBS owned Pluto TV has reportedly 52 million active users each month across just over two dozen countries and will generate over $1 billion this year.