Sunday, 19 September, 2021

‘South Park’ creators sign latest streaming mega deal

‘South Park’ creators sign latest streaming mega deal

Popular News

‘South Park’ creators Trey Parker and Matt Stone signed a massive deal Thursday to make 14 movies of their enduring satirical cartoon for streaming service Paramount+, as Hollywood's frenzied scramble for online content accelerates, reports AFP.

While MTV Entertainment Studios -- which like Paramount+ is owned by parent corporation ViacomCBS -- did not release any financial figures, Bloomberg News put the deal at $900 million, which would make it one of the largest in television history.

The Paramount+ streaming platform launched in March in a bid to compete in a crowded and content-hungry marketplace led by the likes of Netflix, Disney+ and Amazon Prime.

In a statement, MTV Entertainment's Chris McCarthy said developing new content with "tremendous talent like Matt and Trey, is at the heart of our strategy to continue growing Paramount+."