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Paramount Global and Park County Extend Overall Deal

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Paramount Global (NASDAQ: PARA) has announced a significant five-year extension of its partnership with South Park creators Trey Parker and Matt Stone. The comprehensive deal includes the production of 50 new episodes and marks a historic shift as Paramount+ becomes the exclusive U.S. streaming home for both the entire South Park library and all new episodes.

The agreement reinforces South Park's position as one of the most valuable TV franchises globally, with the series reportedly enjoying peak popularity since its 1997 launch. The deal encompasses both current season episodes and the complete 26-season library for Paramount+ worldwide, while maintaining the show's presence on Comedy Central.

Paramount Global (NASDAQ: PARA) ha annunciato un'importante estensione quinquennale della sua collaborazione con i creatori di South Park, Trey Parker e Matt Stone. L'accordo completo prevede la produzione di 50 nuovi episodi e segna un cambiamento storico, poiché Paramount+ diventa la piattaforma di streaming esclusiva negli Stati Uniti sia per l'intero catalogo di South Park sia per tutti i nuovi episodi.

L'accordo rafforza la posizione di South Park come uno dei franchise televisivi più preziosi a livello globale, con la serie che, secondo quanto riportato, sta vivendo un picco di popolarità dal suo lancio nel 1997. L'intesa include sia gli episodi della stagione attuale sia l'intera libreria di 26 stagioni per Paramount+ a livello mondiale, mantenendo al contempo la presenza dello show su Comedy Central.

Paramount Global (NASDAQ: PARA) ha anunciado una significativa extensión de cinco años de su asociación con los creadores de South Park, Trey Parker y Matt Stone. El acuerdo integral incluye la producción de 50 nuevos episodios y marca un cambio histórico, ya que Paramount+ se convierte en el hogar exclusivo de streaming en EE.UU. tanto para toda la biblioteca de South Park como para todos los nuevos episodios.

El acuerdo refuerza la posición de South Park como una de las franquicias televisivas más valiosas a nivel mundial, con la serie disfrutando, según informes, de su máxima popularidad desde su lanzamiento en 1997. El acuerdo abarca tanto los episodios de la temporada actual como la biblioteca completa de 26 temporadas para Paramount+ en todo el mundo, mientras mantiene la presencia del programa en Comedy Central.

Paramount Global(NASDAQ: PARA)사우스 파크 창작자 트레이 파커와 맷 스톤과의 파트너십을 5년 더 연장한다고 발표했습니다. 이 포괄적인 계약에는 50개의 새로운 에피소드 제작이 포함되며, Paramount+가 미국 내에서 사우스 파크 전체 라이브러리와 모든 새 에피소드의 독점 스트리밍 플랫폼이 되는 역사적인 전환점입니다.

이번 계약은 1997년 출시 이후 최고 인기를 누리고 있는 것으로 알려진 사우스 파크가 전 세계에서 가장 가치 있는 TV 프랜차이즈 중 하나임을 다시 한 번 입증합니다. 이 계약은 현재 시즌 에피소드와 26시즌 전체 라이브러리를 전 세계 Paramount+에서 제공하는 것을 포함하며, 동시에 코미디 센트럴에서의 방영도 유지됩니다.

Paramount Global (NASDAQ : PARA) a annoncé une prolongation significative de cinq ans de son partenariat avec les créateurs de South Park, Trey Parker et Matt Stone. Cet accord complet comprend la production de 50 nouveaux épisodes et marque un tournant historique puisque Paramount+ devient la plateforme de streaming exclusive aux États-Unis pour l'intégralité de la bibliothèque South Park ainsi que pour tous les nouveaux épisodes.

L'accord renforce la position de South Park comme l'une des franchises télévisuelles les plus précieuses au monde, la série connaissant, selon les rapports, un pic de popularité depuis son lancement en 1997. L'accord couvre à la fois les épisodes de la saison en cours et l'intégralité des 26 saisons disponibles sur Paramount+ dans le monde entier, tout en maintenant la diffusion de la série sur Comedy Central.

Paramount Global (NASDAQ: PARA) hat eine bedeutende fünfjährige Verlängerung seiner Partnerschaft mit den South Park-Schöpfern Trey Parker und Matt Stone bekannt gegeben. Der umfassende Vertrag beinhaltet die Produktion von 50 neuen Episoden und markiert einen historischen Wandel, da Paramount+ zum exklusiven US-Streaming-Anbieter für die gesamte South Park-Bibliothek sowie alle neuen Episoden wird.

Die Vereinbarung stärkt South Parks Position als eine der wertvollsten TV-Franchises weltweit, wobei die Serie Berichten zufolge seit ihrem Start 1997 eine Höchstpopularität erreicht hat. Der Deal umfasst sowohl die Episoden der aktuellen Staffel als auch die komplette 26-Staffel-Bibliothek für Paramount+ weltweit, während die Ausstrahlung der Show auf Comedy Central beibehalten wird.

Positive
  • Securing 50 new episodes of South Park, one of TV's most valuable franchises
  • Paramount+ gains exclusive U.S. streaming rights to both new episodes and complete library
  • Five-year extension ensures long-term content security for Paramount's platforms
  • Show reportedly experiencing peak popularity, indicating strong viewer demand
Negative
  • Significant financial commitment required for the multi-year deal (terms not disclosed)
  • Potential increased dependency on a single content franchise

Insights

Paramount secures valuable South Park franchise for 5 more years, strengthening Paramount+ content lineup against streaming competitors.

This five-year extension between Paramount Global and South Park creators represents a significant content acquisition for Paramount's streaming strategy. By securing 50 new episodes plus the entire 26-season library exclusively for Paramount+ globally, the company has locked down what executives describe as "one of the most valuable TV franchises in the world."

The deal's timing is particularly strategic. South Park remains in a rare position of being "more popular today than at any point in its history" according to Paramount executive Chris McCarthy, despite launching nearly three decades ago in 1997. This counters the typical lifecycle of long-running series, which tend to decline in viewership over time.

From a competitive standpoint, this extension helps Paramount strengthen its streaming content arsenal at a time when exclusive IP is the primary battleground in the streaming wars. The South Park franchise brings with it a dedicated audience with high engagement metrics and cross-generational appeal that could help drive subscriber acquisition and retention for Paramount+.

The press release notably emphasizes the long-term partnership between the parties, suggesting stable content production for years to come. For Paramount, this represents continuity in their content strategy during a period of significant disruption in the media landscape, where securing proven content creators and intellectual property has become increasingly competitive and expensive.

South Park Digital Studios and Paramount+ Enter Into Exclusive License 

Five Year Extension Includes Both the Current Season and the Library for Paramount+ Globally

NEW YORK, July 23, 2025 /PRNewswire/ -- Paramount Global (NASDAQ: PARA, PARAA), Park County and South Park Digital Studios today announced an expansive renewal with South Park co-creators Trey Parker and Matt Stone for five years, including 50 new episodes, all 26 previous season episodes and extending South Park on Comedy Central and Paramount+ around the world.

In addition, for the first time ever, Paramount+ will become the U.S. home for the South Park library and all new episodes kicking off with the new season debuting on Comedy Central today and Paramount+ tomorrow. 

Comedy Central's South Park launched on August 13, 1997. Trey Parker and Matt Stone are the co-creators of South Park. Parker, Stone, Anne Garefino and Frank C. Agnone II are the Executive Producers of the Emmy® and Peabody® Award-winning South Park. Eric Stough, Adrien Beard, Bruce Howell, and Vernon Chatman are Producers. Christopher Brion is the Creative Director of South Park Digital Studios.

"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.  "They are exceptional talents and trusted partners – we're thrilled that Comedy Central and now Paramount+ globally will be the home to South Park for years to come and our thanks to the Skydance team for their vital partnership in making this happen," added McCarthy.

"Trey and I and the whole South Park crew are grateful for this extension and this deal.  We want to thank Chris McCarthy and Keyes Hill-Edgar for years of great partnership and are looking forward to continuing to make South Park for the next five years," said Matt Stone.

Added Trey Parker, "We are grateful for this opportunity and deeply honored by the trust placed in us. This is about more than a contract — it's about our commitment to this organization, our teammates, and our fans. We're focused on building something special and doing whatever it takes to bring championships to this city."

SOUTH PARK DIGITAL STUDIOS
South Park Digital Studios is a joint venture between Paramount Global and Park County, the entertainment company founded by Trey Parker and Matt Stone. South Park Digital Studios is an animation and development studio dedicated to creating and managing streaming, social and interactive for South Park. South Park is a registered trademark of Comedy Partners, a wholly-owned unit of Paramount Global. 

PARK COUNTY
Park County is a multi-platform entertainment company founded by Trey Parker and Matt Stone in 2012. Keith Pizzi serves as Chief Executive Officer and Afshin Beyzaee serves as General Counsel for Park County. In addition to South Park and The Book of Mormon, Park County produces films, develops technology via Deep Voodoo, and operates the iconic themed restaurant, Casa Bonita. Check out our lunch specials on Tuesdays and Wednesdays. 

PARAMOUNT GLOBAL
Paramount (NASDAQ: PARA; PARAA) is a leading global media, streaming and entertainment company that creates premium content and experiences for audiences worldwide. Driven by iconic consumer brands, its portfolio includes CBS, Paramount Pictures, Nickelodeon, MTV, Comedy Central, BET, Paramount+ and Pluto TV. The company holds one of the industry's most extensive libraries of TV and film titles. In addition to offering innovative streaming services and digital video products, Paramount provides powerful capabilities in production, distribution and advertising solutions. For more information about Paramount, please visit www.paramount.com and follow @ParamountCo on social platforms. PARA-IR

 

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SOURCE Paramount Global

FAQ

What is included in Paramount's (PARA) new South Park deal?

The deal includes 50 new episodes, exclusive U.S. streaming rights for Paramount+ to the entire South Park library (26 seasons), and a five-year extension of the partnership with creators Trey Parker and Matt Stone.

When will new South Park episodes be available on Paramount+ (PARA)?

New episodes will be available on Paramount+ the day after they premiere on Comedy Central, starting with the new season launching July 23, 2025.

How long is Paramount's (PARA) new agreement with South Park creators?

The new agreement extends the partnership for five years with South Park creators Trey Parker and Matt Stone.

Who owns the streaming rights to South Park in the United States?

Paramount+ will become the exclusive U.S. streaming home for both the South Park library and all new episodes, marking the first time the platform has held these rights.

How many new South Park episodes will be produced under the PARA deal?

The deal includes the production of 50 new episodes of South Park over the five-year period.
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