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Could South Park be done? The $3 billion deal that could end the show

Emmanuel Lynx by Emmanuel Lynx
July 15, 2025
in Culture, Entertainment
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South Park Season 27 is already delayed—and the future of the show might be next.

A massive $3 billion contract dispute between its creators and studio execs has triggered legal threats, pulled the show from streaming, and stalled production. At the center: a merger between Paramount Global and Skydance that’s turning into a full-blown power struggle.

After nearly three decades on air, South Park may finally be facing its most serious threat yet—and it’s not even animated.

Why the $3B deal is blowing up

According to The Hollywood Reporter, Trey Parker and Matt Stone were close to sealing a 10-year, $3 billion renewal deal with Paramount.

But Skydance, which is in the process of acquiring the studio, intervened—arguing that it holds veto power on long-term contracts. Skydance wants a shorter five-year deal, citing cash reserves and the volatile state of streaming. In response, Parker and Stone have brought in bulldog attorney Bryan Freedman, signaling they’re ready to fight.

South Park has been removed from Paramount+ worldwide out of nowhere. The specials still remain on the site, the series itself does not

Well… that can't be good. pic.twitter.com/dmL4Ut433G

— TRAFON(s Backup Account) (@RiseFallNickBck) July 12, 2025

The situation is already impacting distribution. South Park’s international streaming license with Paramount+ expired last week, and its HBO Max deal was only extended temporarily.

Behind the scenes, Park County is also reportedly managing an $800 million loan with $80 million in annual interest—making a long-term deal not just strategic, but necessary for survival.

A legal mess with cultural stakes

Skydance maintains that under the merger’s terms, it can block deals like this. But Park County insists Skydance can’t interfere until the merger is finalized—and they’re threatening legal action if the meddling continues.

The feud has already delayed Season 27’s premiere to July 23, with no guarantees it will even air on time.

“This merger is a sh*tshow and it’s fking up South Park,”

Parker and Stone posted on July 2.

And just like that, a cartoon built on chaos is now being sidelined by corporate drama more absurd than any episode plotline.

24 years ago today, “South Park” premiered on Comedy Central 🏔pic.twitter.com/CDhYlXDFmi

— Screen Off Script (@ScreenOffScript) August 13, 2021
Tags: Matt StoneParamountSouth Parkstreaming dealTrey Parker
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Emmanuel Lynx

Emmanuel Lynx

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