Paramount Plus just scored a $1.5 billion deal to add "South Park" from its library, stealing it from HBO Max. Here's what you need to know.

"South Park" creators Trey Parker and Matt Stone have officially extended their overall deal with Paramount Global for a further five years

Trey Parker and Matt Stone, the creators of the long-running animated show South Park, have locked in a five-year deal to bring their show to the Paramount Plus streaming service and to give Paramount global streaming rights.

After longstanding negotiations, South Park creators Matt Stone and Trey Parker, through their Park County production company, have scored a $1.5 billion deal with Paramount Plus for the show’s global streaming rights.

South Park creators Trey Parker and Matt Stone sign a $1.5B deal with Paramount+, bringing the show’s episodes and specials to the platform.

Paramount has reached a deal to bring "South Park" to its Paramount Plus streaming service in the U.S. for the first time ever.

According to sources close to the deal, Paramount has agreed to stream South Park globally on Paramount+ for the low, low sum of $300 million per year. The five-year deal hasn’t officially closed as of this writing,

With streaming deals expiring, South Park Season 27 has been delayed, and without a new agreement, the series could soon be without a platform.