Paramount+ is getting 14 South Park movies starting with two this year

ViacomCBS reportedly paid more than $900 million to extend the series.

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Two decades after the release of Bigger, Longer and Uncut, the first and only South Park movie to date, series creators Trey Parker and Matt Stone will produce 14 direct-to-streaming films for Paramount+ as part of a new deal the two signed with ViacomCBS to keep the show on Comedy Central through 2027. According to Bloomberg, the agreement is worth more than $900 million over six years, easily eclipsing the approximately $500 million AT&T subsidiary WarnerMedia spent in 2019 to secure exclusive streaming rights to the show for HBO Max.

Parker and Stone haven't made a movie together since 2004's Team America: World Police. The first two films included in their ViacomCBS deal will debut later this year. Stone told Bloomberg he and Parker plan to expand the world of South Park by using the movies as an opportunity to introduce new characters and concepts.

What the deal doesn't include is streaming rights to the South Park TV series. As mentioned above, Viacom licensed those to WarnerMedia in 2019, and that agreement is still in place. However, the $900 million investment in the brand does suggest the company will attempt to bring the series to Paramount+ eventually. 

ViacomCBS executive Chris McCarthy hinted as much in the press release announcing today's news. "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," he said. "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+."

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