The deal, worth $300 million annually for five years, will make "South Park" available on Paramount+, the company's streaming platform. The agreement also calls for Parker and Stone's production company to create 10 new episodes each year.

The late-night hosts on two properties owned by Paramount are signaling they may turn up the heat on their criticism of their bosses.

Colbert followed “The Daily Show” host Jon Stewart’s attack of the deal one week earlier. Stewart works for Comedy Central, also owned by Paramount, making the two comics the most visible internal critics of the $16 million settlement that was announced on July 1.

Radio host Charlamagne labeled CBS and Paramount the "Donkey of the Day" for canceling Colbert's show, suggesting it's part of Trump's plan to silence critics and control media.

Skydance CEO David Ellison discussed his company's pending merger with Paramount with FCC Chairman Brendan Carr at a meeting this week

Paramount, Trump in ‘advanced’ discussions to settle $20 billion lawsuit. The parties asked a Texas judge on Monday to pause case deadlines until Thursday as negotiations over the suit play out.