South Park Saved: $1.5 Billion Deal Locks In New Episodes on Comedy Central & Paramount+

Just hours before South Park’s long-delayed Season 27 premiere, the fate of television’s most defiant animated series has finally been sealed—and it's a massive win for Trey Parker, Matt Stone, and fans everywhere.

Paramount and Park County—the production company helmed by Parker and Stone—have inked a new five-year deal reportedly valued at $1.5 billion, ending months of high-stakes tension over the future of the franchise. The agreement guarantees 50 new episodes of South Park on Comedy Central, while also shifting the series’ entire streaming library (previously tied up with HBO Max) to Paramount+ in the U.S. and globally. Under the pact, new episodes will hit Paramount+ the day after airing.

This comes after bitter backroom disputes between Park County and Paramount’s incoming owners at Skydance, who were reluctant to lock into the creators’ proposed 10-year, $3 billion extension. Sources say Parker and Stone were pushing for a long-term vision, but Skydance insisted on a shorter-term deal to maintain flexibility amid the ever-changing streaming landscape.

And it wasn’t just lawyers swapping emails—at one point, Parker and Stone publicly called the situation a “shitshow,” accusing the Paramount-Skydance merger of actively endangering the show's production. They even brought in legal heavyweight Bryan Freedman to pressure the deal forward.

With the original streaming rights expiring on June 23, HBO Max and Paramount+ were left in flux. Internationally, South Park vanished from Paramount+ as licenses lapsed. But this new agreement resets the board: Paramount+ becomes the official home of South Park moving forward—domestically and worldwide.

In a joint statement, Parker and Stone said they’re “grateful for this extension” and committed to building something “special” for the fans. Paramount’s Chris McCarthy echoed that praise, calling them “singular, creative forces” and hailing South Park as “one of the most valuable TV franchises in the world.”

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Paramount just cut a $1.5 billion check to preserve the soul of satire. South Park isn’t just surviving—it’s thriving in chaos. For a franchise born from rebellion, it’s poetic that a corporate merger nearly killed it… and that Parker and Stone fought like hell to stop it. They didn’t just win the deal—they won the right to keep calling BS on the world, uninterrupted.