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Investing.com -- Paramount has agreed to acquire the global streaming rights for "South Park" in a deal valued at $1.5 billion, according to a report by the LA Times on Monday.
The five-year agreement with show creators Trey Parker and Matt Stone, through their Park County Production company, is worth $300 million annually. The deal aims to bring the animated comedy series to Paramount’s digital platform, Paramount+.
"South Park," known for its foul-mouthed child characters, will generate $1.5 billion from streaming alone under this arrangement, the LA Times reported, citing people familiar with the negotiations.
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