South Park creators sign $900 million deal to release 14 movies based on the series

South Park creators Trey Parker and Matt Stone have reportedly signed a $900 million deal to release 14 movies based on the iconic animated series.

The deal was struck with ViacomCBS and is one of the biggest in TV history. Deadline reported that it will also ensure 6 more years of the comedy show with the first two films to be premiered on Paramount+ later in the year.

The streaming service plans to then release two South Park movies a year until 2027. The first movie based on the series, South Park: Bigger Longer and Uncut, was released in 1999.

“Matt and Trey are world-class creatives who brilliantly use their outrageous humor to skewer the absurdities of our culture and we are excited to expand and deepen our long relationship with them to help fuel Paramount+ and Comedy Central," said Chris McCarthy, President/CEO -MTV Entertainment & CCO/Adult Animation at Paramount+.

“Franchising marquee content like South Park and developing new IP with tremendous talent like Matt and Trey, is at the heart of our strategy to continue growing Paramount+,” added McCarthy.

Parker and Stone joked about Comedy Central being the pair’s home for the last 25 years in a joint statement and said they are, “really happy that they've made a commitment to us for the next 75 years.”

“When we came to ViacomCBS with a different way to produce the show during the pandemic, Chris [McCarthy], Nina [Diaz], Keyes [Hill-Edgar] and Tanya [Giles] were immediately supportive and enabled us to try something new that turned out to be really well received,” they said.

"We can't wait to get back to doing traditional South Park episodes but now we can also try out new formats. It's great to have partners who will always take a chance with us."

South Park premiered in 1997 and became adored by fans and abhorred by parents with its shocking brand of comedy. Its first hour-long special aired in 2020 with an episode that focused on the effect of the pandemic on the titular town. The special episode was nominated for an Emmy and was the most watched scripted telecast on US cable of the year.