Core Points - Paramount Global has announced a five-year exclusive licensing agreement with South Park Digital Studios, which includes 50 new episodes and access to the entire library of 26 previous seasons for Paramount+ globally [1][2] - For the first time, Paramount+ will serve as the U.S. home for the South Park library and all new episodes, starting with the new season debuting on Comedy Central and subsequently on Paramount+ [2] - South Park, created by Trey Parker and Matt Stone, has been a significant cultural phenomenon since its launch in 1997, recognized for its unique humor and storytelling [3][4] Company Overview - South Park Digital Studios is a joint venture between Paramount Global and Park County, focusing on animation and development for streaming and interactive content related to South Park [6] - Park County, founded by Trey Parker and Matt Stone in 2012, is involved in various entertainment projects, including South Park and The Book of Mormon, and operates the themed restaurant Casa Bonita [7] - Paramount Global is a leading media and entertainment company with a diverse portfolio that includes CBS, Paramount Pictures, Nickelodeon, MTV, Comedy Central, and Paramount+, known for its extensive library of TV and film titles [8]