Trey Parker and Matt Stone had been in a heated dispute with Paramount and its incoming owners Skydance over the future of their deal with the company.

"South Park" creators Trey Parker and Matt Stone have officially extended their overall deal with Paramount Global for a further five years

The reports are true. Paramount Global, Park County and South Park Digital Studios have extended their overall deal for five years. This deal includes 50 new episodes of "South Park" and means that both the current season as well as all 26 previous seasons will be available to watch on Comedy Central and Paramount+.