India, July 22 -- In a monumental move that is set to shake up the streaming world, South Park creators Trey Parker and Matt Stone have struck a $1.5 billion streaming deal with Paramount. The entertainment giant has agreed to purchase the worldwide streaming rights for the animated show to release it on the company's digital service, Paramount+, reported The LA Times.

According to two sources close to the agreement, the global streaming rights of South Park are valued at $300 million a year, per the outlet. With the five-year contract, the show's streaming revenue will reach $1.5 billion. As part of the agreement, Parker and Stone's production house, Park County, will produce ten episodes annually.

Paramount always wanted to bring Sout...