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Paramount Global Class B Common Stock (symbol: PARA) represents shares in one of the world’s leading global media and entertainment companies. Paramount Global, previously known as ViacomCBS, is driven by a portfolio of iconic consumer brands including CBS, Showtime Networks, Paramount Pictures, Nickelodeon, MTV, Comedy Central, BET, and streaming services such as Paramount+, Pluto TV, and BET+.
Paramount Global’s operations span three major segments: TV media, filmed entertainment, and direct-to-consumer. The TV media segment includes extensive television production studios, various broadcast and cable networks, such as CBS, which delivers the largest share of the U.S. television audience. The filmed entertainment segment consists of film studios including Paramount Pictures, which produces and licenses movies to theaters and media outlets globally. The direct-to-consumer segment includes the innovative streaming services Paramount+, Pluto TV, and BET+, providing a vast array of original series, hit shows, and popular movies.
In recent developments, Paramount+ announced the renewal of its original animated preschool series DORA for a second season, showcasing the company's commitment to children's programming. Additionally, Paramount Global has established a new leadership structure with an Office of the CEO after the stepping down of President and CEO Bob Bakish. The new team is focused on accelerating growth, developing popular content, and optimizing the streaming strategy.
Paramount Global's vast content library and innovative digital services position it strongly in the market. The company recently reported that CBS programming was viewed for over 456 billion minutes across various platforms, underscoring its extensive reach and audience engagement. Moreover, Paramount Global continues to form strategic partnerships, such as the multi-year distribution agreement with Charter Communications, enhancing value for both companies’ consumers.
The company's financial health remains robust, as evidenced by its solid performance in yearly earnings and the ongoing enhancement of its streaming and broadcast services. Paramount Global is dedicated to creating premium content and experiences for audiences worldwide, making it a significant player in the entertainment industry.
Paramount Global (NASDAQ: PARA, PARAA) has announced its Board of Directors' declaration of a quarterly cash dividend of $0.05 per share for both Class A and Class B Common Stock. The dividend will be paid on April 1, 2025, to stockholders of record as of March 17, 2025.
Paramount Global operates as a leading global media, streaming, and entertainment company, featuring prominent brands such as CBS, Paramount Pictures, Nickelodeon, MTV, Comedy Central, BET, Paramount+, and Pluto TV. The company maintains one of the industry's largest TV and film libraries while providing streaming services, digital video products, and capabilities in production, distribution, and advertising solutions.
Nickelodeon has announced Avatar: Seven Havens, a new 26-episode animated series set in the Avatar universe, as part of the 20th anniversary celebration of Avatar: The Last Airbender. Created by original series creators Michael DiMartino and Bryan Konietzko, the new series follows a young Earthbender who discovers she's the new Avatar after Korra.
The story takes place in a world devastated by a cataclysm, where being the Avatar is seen as a threat rather than salvation. The series, produced under the Avatar Studios banner, consists of two 13-episode books.
Additionally, Nickelodeon announced several 20th anniversary initiatives including new digital content, a live orchestra world tour, consumer products, and gaming releases. Notable launches include Avatar: Chibi Minis, new mobile games, and an upcoming theatrical film starring Dave Bautista, scheduled for January 30, 2026.
Nickelodeon has announced the launch of Super Duper Bunny League, a new animated preschool series based on Jamie Smart's comic book series. The show will premiere on February 22, 2025, on the Nick Jr. YouTube channel, followed by its linear debut on Nickelodeon on April 19, 2025.
The 2D-animated adventure-comedy series consists of 26 half-hour episodes across two seasons, featuring a diverse group of bunny superheroes protecting 'Important City' from various villains, including their creator Dr. Fuzzleglove. The series will air new episodes for nine consecutive weeks on Saturdays at 9:30 a.m. (ET/PT) before rolling out internationally on Nickelodeon and Nick Jr. channels later in the year.
The show features voice talents including Miles J. Harvey, H Michael Croner, Michaela Dietz, and special appearances by Fred Stoller, Carol Kane, and Danny Trejo. The series is produced by Nickelodeon Animation in Burbank, with Robert Scull and Jonny Belt serving as executive producers.
Paramount+ and EverPass Media have announced a multi-year distribution agreement that will allow commercial businesses to stream CBS Sports' UEFA Champions League matches starting February 18, 2025. This marks the first time these matches will be available for commercial venues in the United States.
The agreement includes access to all CBS Sports' UEFA Champions League matches that stream on Paramount+, along with select ancillary programming like The Golazo Show. CBS Sports maintains exclusive English-language rights for UEFA Champions League in the U.S., with all matches streaming on Paramount+ and select matches airing on the CBS Television Network.
EverPass Media, launched in April 2023, is a media platform that provides streaming solutions for commercial establishments like bars, restaurants, hotels, and gyms. This partnership aims to increase viewership and awareness for Paramount+ while offering businesses a new way to attract customers and enhance patron engagement through live sports content.
Paramount Global (NASDAQ: PARA) has announced it will release its fourth quarter and full year 2024 financial results on Wednesday, February 26, 2025. The company will host a conference call at 4:30 p.m. (ET) following the earnings release.
A live audio webcast will be available on Paramount's Investors homepage, and the conference call can be accessed by dialing 833-470-1428 (domestic) or 404-975-4839 (international) with access code 239215. An audio replay will be available from 7:30 p.m. (ET) on the same day through the company's website and via phone using access code 539143.
Nickelodeon announced a new special, 'NFL Slimetime Presents Nickelodeon's Game Changers,' debuting February 26, 2024, at 8:00 p.m. (ET/PT) on Paramount (PARA). The half-hour program, hosted by Young Dylan, will celebrate Black History Month by featuring prominent Black NFL quarterbacks including Patrick Mahomes, Lamar Jackson, Jalen Hurts, and Jayden Daniels, alongside legends Doug Williams and Randall Cunningham.
The special will be available on Paramount+ and Nickelodeon's YouTube channel the following day. It will be preceded by a new episode of Tyler Perry's Young Dylan and follows the final episode of NFL Slimetime's fourth season, which will air on February 12 featuring Super Bowl LIX coverage.
Paramount Global (PARA) and Nielsen have signed a new multi-year measurement and analytics deal covering all Paramount platforms, including broadcast, cable networks, and streaming services. The partnership includes advanced measurement services like Advanced Audiences, Big Data + Panel, and Nielsen ONE Ads for Connected Television.
The announcement highlights significant ratings achievements for Paramount, including CBS's AFC Championship Game drawing 57.7 million viewers and strong performance of drama series. Tracker led as the top drama with 11.3-11.6 million average viewers across fall months, while Paramount+ celebrated success with series like Lioness, Tulsa King, and Landman, the latter becoming its first billion-minute weekly performer.
CBS dramas accumulated over 50 trillion viewing minutes in Q4 2024, surpassing other broadcast networks. The multi-platform strategy proved successful with Tracker and Elsbeth achieving 26.07 billion and 14.94 billion minutes viewed respectively across multiple platforms.
Nickelodeon has announced Kid Cowboy, its first original animated series specifically developed for YouTube, debuting January 24, 2025, on the Blaze and the Monster Machines YouTube channel. Created by Grammy and Golden Globe-nominated songwriter Freddy Wexler and executive produced by Wexler and Emilio Estefan, the series features a guitar-playing hero in a futuristic world.
The music-driven, Spanish language-infused series follows the main character's adventures in the futuristic world of Esperanza, promoting values like bravery, kindness, and truthfulness. The show represents Nickelodeon's strategic move to digital-first platforms, leveraging its YouTube network that generates over two billion views and 20 billion minutes of watch time monthly across more than 50 channels in 15+ languages.
Nex and Paramount Game Studios have launched 'Teenage Mutant Ninja Turtles Rooftop Mayhem', a side-scrolling action motion game exclusively for the Nex Playground console. Set in the Mutant Mayhem universe, the game allows players to choose from four playable characters - Leonardo, Raphael, Donatello, or Michelangelo - as they battle through Brooklyn's rooftops to defeat Superfly and his mutant forces.
The game features 2-player co-op mode, iconic boss battles, and character progression with unlockable combos and moves. This release adds to Nex Playground's growing partnership portfolio, which includes major brands like Hasbro, Mattel, Sesame Workshop, Miraculous Corp, Universal Products & Experiences, and Halfbrick Studios. The console is available through major retailers including Amazon, Best Buy, Target, and Walmart.
Paramount Global (PARA) and Comcast (CMCSA) have announced the renewal of their comprehensive distribution agreements. The multi-year deals ensure continued delivery of Paramount's broadcast, entertainment, news, and sports content across Xfinity platforms.
The agreement includes carriage of Paramount's networks such as CBS, BET, Comedy Central, MTV, Nickelodeon, and Paramount Network. Comcast subscribers will maintain access to streaming services including Paramount+, Pluto TV, and BET+. Additionally, Comcast gains rights to make Paramount+ with SHOWTIME available to qualifying Xfinity customers.
While the specific terms of the agreement remain undisclosed, both companies expressed satisfaction with the renewed partnership, emphasizing the importance of providing diverse content options to their audiences.
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