According to Bloomberg, as many as a half-dozen companies have tried to acquire the 23-season catalog for U.S. viewers and the Comedy Central show is expected to settle on a contract worth about $500 million.
In 2015, Hulu paid a record-breaking $192 million to extend their contract with South Park. However, today, many more streaming services are in the race and have their eyes set on the Trey Parker and Matt Stone-created series. Hulu is reportedly fighting against HBO Max and Peacock for the rights, which are both set to launch in 2020.
The money made from selling the U.S. streaming rights will be split 50-50 between the show’s two creators and Viacom.