Paramount pays $1.5 billion for South Park Streaming rights after cancelling Colbert for “financial” reasons
- Paramount locked in streaming rights for the entire South Parkback catalog. Media companies and creators Matt Stone and Tray Parker have signed a five-year deal worth $1.5 billion. HBO Max was the show’s previous streaming home.
Paramount concluded long-term negotiations that bring the whole of South Park This is a catalog of Paramount Plus streaming services, but costs a lot.
The media company agreed to pay the production company owned by South Park creators Matt Stone and Tray Parker. $1.5 billion For global streaming rights for the next five years. HBO Max previously held streaming rights to the show. Paramount instead aired the original South Park film on its streaming service.
Paramount originally offered to conspiracy for the series Comes with HBO Maxboth services could have aired the episode, but discussions between the two companies fell apart last weekend. According to Los Angeles Times.
The transaction comes as 27th South Park season begins Wednesday night at Comedy Central. Comedy Central is the premiere that was once late for a behind-the-scenes shuffle, with Stone and Parker preparing to visit Comic-Con on Thursday. The duo have never refrained from expressing their emotions.
A $1.5 billion price tag could raise some brows as Paramount comes soon after it’s announced cancel Late Show Ends relationship with the host Stephen Colbertand says it is a “pure financial decision.” However, critics pointed to a recent settlement with Donald Trump last year on the allegations of 60 minutes of an unfairly edited clip form. Colbert said the settlement wasBig fat meals“.