Entertainment

Paramount’s ‘South Park’ streaming deal is in limbo as Skydance merger drags on

Media Giant Paramount Global is trying to avoid a flowing future without Cartman, Stan, Kyle and Kenny.

As a prominent leader to complete the main integration, the company is in the midst of long negotiations to expand one of its largest and most important privileges: long -term animation “South Park”.

Paramount, which costs $ 900 million, does not end with “South Park” Matt Stone and Trey Parker for another two years. The new episodes are first played on Paramount’s Basic Cable Network Compyed Central.

But the efforts made to renew this project and bring the offer to the Paramount+ broadcasting service has hit a big obstacle, according to three people who are aware of the discussions who were not allowed to speak publicly.

The situation sheds light on the tensions and deep disputes as the trio of executives is trying to manage Paramount until the company is sold to Media David Elison Skydance, which has the right to agree to or deprive large deals such as “South Park” agreement under Paramount.

Paramount leaders are desperate to close the “South Park” broadcasting rights in the United States and abroad. They felt frustrated for a long time due to a license arrangement that was made six years ago by the previous regime that sent South Park for his rival HBO Max, owned by Warner Bruce Discovery. This deal ends this month.

“South Park” is one of the most important parameont shows. Besides “The Daily Show with Jon Stewart”, the four boys and their roads that indicate the fame of the central comedy on the map for the viewers of the basic cables, with hot issues of cyanology and the war on terrorism to the royal family and the Trump administration.

During the May’s profit call, Chris McCarthy, CEO of Paramount, who runs Media Paramount, as well as Shottime and MTV Entertainment Studios-said that “South Park” episodes will start flowing on Paramount+ in July.

However, Paramount did not hear broadcasting rights at South Park, according to the three people familiar with the talks. Since earlier this year, Paramount made at least one show to Parker and Stone as an early extension of their comprehensive deal.

The company also wants to secure rights for 333 episodes of “South Park” on Paramount+.

Some people familiar with the South Park distribution will estimate more than 200 million dollars annually.

But Skydance did not sign, believing that the deals are very rich, according to the sources. Paramount Executive officials believe that the offer is worth a great Pacz, given the popularity of the permanent show and inheritance.

Paramount representatives and Skydance refused to comment.

Hollywood agent Ary Emmanuel, whose company WME Parker and Stone, defended Paramount and Skydance to the situation on Friday over the phone.

“No one has rejected anything,” Emmanuel told the Times in a short interview. “They are only analyzing them,” Emmanuel told the Times in a short interview. “We have offers from other distributors. Everyone wants this offer.”

Skydance’s acquisition of $ 8 billion in Paramount was a contract pattern for several months as the two companies awaited the approval of the federal organizers. Skydance, with the support of the technology pole, Larry Ellison and Redbird Capital Partners, is keen to take over the good media company.

Other sources said they intend to increase the financial strictness of Paramount operations. Paramount and Skydance Wall Street told the deal that the deal would bring $ 2 billion from cost savings, with half of that in the first year.

The final dates waved on the horizon. The new season, 27 of the program, is scheduled to appear on July 9 on Comedy Center.

Unless Paramount puts a deal with creators by June 23, the company risks losing broadcasting rights because Parker and Stone can shop the offer to other interesting signs, such as Netflix, Amazon Prime Video or Hulu. However, the sources warned that negotiations could exceed the deadline in June and that the parties expect an agreement to be made.

Their lawyers have long been represented by Kevin Morris, who has been leading the current negotiations, the duo dug the Internet rights for nearly two decades. They formed a joint project with Paramount (then known as Viacom) called South Park Digital Studios. This decision has been proven very profitable for Parker Stone, also known as “The Book of Moron”.

Paramount runs the joint project with Stone and Parker, where he shares the control of broadcasting rights in the 1997 show on Comedy Central, although the duo can find broadcasting deals that they find unfavorable.

Companies are usually not usually assumed to go into depth in the affairs of another company. Federal monopoly laws prohibit the so -called weapons jumping, when a folded company begins to call the shots before the official closure of the deal. But Paramount agreed to accept Skydance inputs on large ticket expenses while the two sides are waiting to close the deal.

South Park’s broadcasting negotiations are also held by a lawsuit two years ago by Warner Bruce Discovery. That company accused Paraamaont of violating the terms of the 2019 licensing agreement for “South Park”, after Warner paid about $ 540 million to broadcast rights in the exhibition.

Paramount and “South Park” creators developed offers offers shows shows the four moving boys in Mountain Colorado fictional broadcasting exclusively on Paramount+. Warner argued that the move violated the license. HBO Max refused to comment.

Two years after the HBO Max deal, Paramount made a new connection with Parker and Stone for $ 900 million, which led to the closure of their partnership and the guarantee of new episodes of “South Park”. This deal continues until 2027, although PARAMOUNT CEOs have offered the extension of this arrangement for several years.

Paramount has long been aimed at converting the offer to Paramount+ as soon as the HBO Max deal expires.

The various parties have long imagined a scenario where local and international rights will be shared by at least two broadcasting services. Although any partner will not have exclusive rights, the current trend of television is to increase studios to the maximum revenue to help pay for expensive programs, such as “South Park”, while maintaining some broadcast rights.

Paramount also deals with another crisis that is complicated by the Skydance process. The company has sought to settle President Trump’s claim of $ 20 billion that was claimed at CBS News, which was deceived in an “60 -minute” interview with the then -shine president, Kamala Harris, which CBS denies.

The Trump case was not resolved, and the Federal Communications Committee was slow to review the suggested acquisition of Skydance on Paramount, which led to a review of the deal.

Skydance has been suspended on the Federal Communications Committee (FCC) since last fall, leaving PARAMOUNT CEOs in forgetfulness.

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