Trey Parker and Matt Stone, the creators of "South Park," have struck a $1.5 billion deal with Paramount for streaming rights of the beloved show, according to the Los Angeles Times. The deal was completed after tense negotiations between the parties.

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.