‘South Park’ Showdown 2.0: Paramount Global Strikes Back At Warner Bros Discovery In $50M Countersuit Over Streaming Rights

deadline.com:

They haven’t quite killed Kenny, but Paramount Global tonight took a hard swipe at Warner Bros Discovery over South Park. In a bold jab back at the David Zaslav run company’s February 24th$200 million lawsuit over steaming rights to the long running Trey Parker and Matt Stone created cartoon satire, the Sheri Redstone run conglomerate just filed a more than $50 million countersuit in New York – and they left nothing in the corner. “Through this Counterclaim, South Park Studios seeks to recover all of the unpaid license fees, totaling more than $52 million to date, based upon WarnerMedia’s blatant breaches of the Term Sheet,” the response and counterclaims document says. “In addition, based on WarnerMedia’s material breaches of contract, and its indications that it will continue to withhold the $225+ million in license fees still owed for the rest of the five-year term, South Park Studios is entitled to a declaratory judgment confirming the parties’ rights and obligations under the Term Sheet,” the dense 59-page filing states (read it here). “Further, WarnerMedia has given clear indications that it will not pay any of the remaining $225+ million in license fees still owed for the rest of the five-year term of the Term Sheet,” the document goes on to say. “Paramount Global certainly has not agreed that WarnerMedia can continue to disregard its contractual obligations in this manner.” And, as funny as South Park can be and corporate dust-ups can appear, this is clearly no laughing matter- especially as WDB prepare to launch their revamped MAX streaming service next month. “Warner Bros.

Discovery has indefensibly refused to pay more than $50 million dollars it owes for South Park content that it has undisputedly received,