SOUTH PARK - SOUTH PARK CREATORS LAND $75-MILLION DEAL

SOUTH PARK CREATORS LAND $75-MILLION DEAL

In a deal that today's (Monday) New York Times said may be worth as much as $75 million to South Park creators Matt Stone and Trey Parker, the two will set up a production house in Culver City, CA to spread South Park material across the Internet, mobile phones, and video games. The deal calls for Viacom, which had previously forced YouTube to remove Viacom's copyrighted material from its site -- including clips from South Park -- to split ad revenues from the new Internet programming with Stone and Parker, an arrangement that the Times described as a precedent. MTV Networks President Doug Herzog, who, as head of Comedy Central, brought South Park to cable, told the Times: "If this is seen as a bold stroke, all the better, because it's going to take bold thinking to move ahead."

27/08/2007