'South Park' Creators Ink Landmark Deal, Securing Five More Seasons and Global Paramount+ Home

NEW YORK, NY – Just hours before the premiere of its 27th season, the future of the iconic animated series 'South Park' has been secured for the next half-decade. Co-creators Trey Parker and Matt Stone have finalized a new overall deal with Paramount Global, renewing the satirical show for five additional seasons and establishing Paramount+ as its exclusive global streaming home.

The blockbuster agreement, first reported by Deadline on Wednesday, ensures that 'South Park' will continue its run on Comedy Central through at least Season 32, cementing its status as one of the longest-running scripted series on television. The deal not only covers the continuation of the main series but also includes the production of more made-for-streaming movies, following the success of specials like "Post Covid" and "The Streaming Wars."

A Major Strategic Play for Paramount+

This move represents a significant strategic consolidation for Paramount Global. By bringing the entire 'South Park' universe under its own streaming umbrella, the company is leveraging one of its most valuable and enduring intellectual properties to attract and retain subscribers in the fiercely competitive streaming market.

Previously, the show's streaming rights were fragmented. In the United States, HBO Max held the domestic streaming rights to the extensive back catalog in a deal reportedly worth over $500 million. Meanwhile, Paramount+ held the rights in many international territories. The new agreement is designed to untangle this complex web, with Paramount+ set to become the single, worldwide destination for all 'South Park' content—including the full library of episodes, new seasons, and exclusive specials—as existing licensing deals expire.

"Trey and Matt are world-class creatives who have brilliantly used their unique brand of humor to chronicle the absurdities of our culture," said Chris McCarthy, President and CEO of Paramount Media Networks and MTV Entertainment Studios, in a statement confirming the deal. "This new, expansive deal with them is a testament to the power of their creative genius and a cornerstone of our strategy to make Paramount+ the home of the world's most beloved franchises."

The Enduring Power of a Cultural Juggernaut

Since its debut in 1997, 'South Park' has remained a cultural touchstone, renowned for its fearless, timely, and often controversial satire. The show's ability to rapidly produce episodes that comment on current events has kept it relevant for nearly three decades, building a loyal global fanbase that spans generations.

This deal provides Parker and Stone with continued creative freedom and the financial backing to expand their vision. While financial terms were not officially disclosed, industry analysts estimate the value of the overall deal to be one of the largest in recent television history, reflecting the immense value of established and culturally resonant IP in the streaming era.

For the creators, the agreement offers stability and a unified platform. "We're thrilled to be deepening our relationship with the team at Paramount," Parker and Stone said in a joint statement. "Having a single streaming home for our work is something we've been wanting, and we can't wait to get to work on new seasons and more exclusive events for Paramount+."

As Paramount+ continues to build out its content library to compete with giants like Netflix and Disney+, securing the long-term, exclusive future of 'South Park' is a decisive and powerful move. It signals a clear commitment to investing in flagship properties and provides a stable, high-profile anchor for its global content strategy for years to come.