The long-running satire returns after a nearly 2.5-year hiatus and as a battle over its future has just concluded.

Paramount announced Wednesday afternoon that the creators of “South Park” had agreed to produce 50 new episodes over the next five years in a deal reportedly valued at $1.5 billion

South Park' creators Trey Parker and Matt Stone have closed a new overall deal for 5 More Seasons. Paramount + becomes show's global streaming home.