Two months after Warner Bros. filed a lawsuit against Paramount over streaming rights to the long-running animated series “South Park,” Paramount Global has finally responded with a lawsuit of its own.
In a countersuit filed in the New York Supreme Court, Paramount says Warner Bros. owes it more than $52 million in unpaid licensing fees.
At issue is a 2019 licensing agreement between the companies, brokered for more than $500 million. When Paramount began streaming “South Park” on Paramount+, Warner Bros. asserted in its lawsuit, that constituted a reneging of parts of that licensing agreement.
Paramount naturally disputes that in a point-by-point refutation contained in its countersuit.
More to come…
Pamela Chelin contributed to this report.