South Park Renewed Through 2011, Ad Sharing Revenue for Matt and Trey
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South Park Renewed Through 2011, Ad Sharing Revenue for Matt and Trey
NY Times Article (BugMeNot if necessary)
In a joint venture that involves millions in up-front cash and a 50-50 split of ad revenues, the network and the two creative partners have agreed to create a hub to spread “South Park”-related material across the Net, mobile platforms, and video games.
The deal, signed Friday, begins with a three-year extension of the show and its creators’ contracts through a 15th season, in the year 2011, and gives Mr. Stone and Mr. Parker sizable raises, both in their salaries and in their guaranteed advances against back-end profits from DVDs, merchandising, syndication and international sales.
It also creates an entity called SouthParkStudios.com, to be housed in the show’s animation studio in Culver City, Calif., that is intended to be an incubator not only for new applications for characters the likes of Cartman, Kyle, Stan and Kenny, but for new comedy concepts that could one day mature into TV series of their own.
All told, people involved in the deal confirm that it is worth some $75 million to Mr. Parker and Mr. Stone over the next four years. But what is likely to draw the most attention in Hollywood is not the richness of the pact, but the network’s willingness to share its advertising revenue.
The deal, signed Friday, begins with a three-year extension of the show and its creators’ contracts through a 15th season, in the year 2011, and gives Mr. Stone and Mr. Parker sizable raises, both in their salaries and in their guaranteed advances against back-end profits from DVDs, merchandising, syndication and international sales.
It also creates an entity called SouthParkStudios.com, to be housed in the show’s animation studio in Culver City, Calif., that is intended to be an incubator not only for new applications for characters the likes of Cartman, Kyle, Stan and Kenny, but for new comedy concepts that could one day mature into TV series of their own.
All told, people involved in the deal confirm that it is worth some $75 million to Mr. Parker and Mr. Stone over the next four years. But what is likely to draw the most attention in Hollywood is not the richness of the pact, but the network’s willingness to share its advertising revenue.
Last edited by DGibFen; 08-26-07 at 10:36 PM.
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Awesome. I remember a few years ago when they said they were getting tired of doing the show. Obviously bucketloads of scratch helps to change that.
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Originally Posted by DaveWadding
They basically have infinite topics for shows.
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Originally Posted by Deftones
Awesome. I remember a few years ago when they said they were getting tired of doing the show. Obviously bucketloads of scratch helps to change that.
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Too bad they couldn't get the ad sharing 5 years ago when CC would have been more aptly named The South Park network. They don't seem to rerun them into the ground as much today.
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Originally Posted by mmconhea
meh, the simpsons renewed their contracts long ago. Can't South Park do anything original?
haha, nice.
but seriously... I am so happy about this. South Park is my favorite show of all time and Matt and Trey deserve every penny. I can't think of a show as consistently funny as this year after year (arrested development is close, but sadly gone).
hooray for comedy central and the fans. I will now proceed to do the german dance for you.
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Originally Posted by wmansir
Too bad they couldn't get the ad sharing 5 years ago when CC would have been more aptly named The South Park network. They don't seem to rerun them into the ground as much today.
Good news, but what is up with the whole "It also creates an entity called SouthParkStudios.com"? I guess maybe that is now a physical group as opposed to their website.
[Cartman voice]That's totally TITS![/Cartman voice]
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south park has really evolved as a show, having watched since the premier night (and being one of the few in town at the time that had comedy central because we had directv and our cable carrier at that time didn't carry CC) I've really seen th show evolve from more of a crude sitcom to a true current event satire, but worked in a subtle and funny way. Definitely a fan and as we all know good work [City Wok voice]cost a'rot of money [/City Wok voice]
#21
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I'm glad that Trey and Matt are content with doing South Park now. They have time to do little side projects here and there if they want, but know that South Park is where it's at.