Welcome to our dedicated page for Paramount Global Class B news (Ticker: PARA), a resource for investors and traders seeking the latest updates and insights on Paramount Global Class B stock.
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) announced that Naveen Chopra, Executive Vice President and Chief Financial Officer, will participate in a Q&A session at the Deutsche Bank 31st Annual Media, Internet & Telecom Conference. The event is scheduled for February 28, 2023, at 8:50 a.m. ET in Palm Beach, FL. A live audio webcast will be available on the company’s Investors website, and a replay will be accessible shortly after the session. Paramount Global, a leading media and entertainment company, offers a diverse range of content through brands such as CBS, Showtime, Nickelodeon, and Paramount+, and holds an extensive library of TV and film titles.
Espolòn Tequila has partnered with Paramount Pictures and Spyglass Media Group as the official tequila for the highly anticipated film Scream VI, set to release on
Paramount Global (NASDAQ: PARA, PARAA) reported its financial results for Q4 and the full year ending December 31, 2022. The company, a leading media and entertainment firm, continues to focus on premium content across renowned brands like CBS, Showtime, and Paramount+. The press release includes details on their extensive content library and innovative streaming services, positioning Paramount as a key player in the industry. For further insights, investors are encouraged to view the conference call and earnings release available on their Investor website.
Paramount Global (NASDAQ: PARA, PARAA) reported its financial results for Q4 and the full year ended December 31, 2022, on February 16, 2023. The company continues to be a leader in the media and entertainment sector, offering a broad range of content through platforms like CBS, Showtime, Paramount Pictures, and Paramount+. The press release highlights strong digital streaming growth and an extensive library of TV and film. Following the earnings announcement, Paramount will conduct a conference call at 8:30 a.m. ET, with details available on their Investors website. For further insights, visit Paramount's official website.
Frankford Candy has introduced five new Easter treats, expanding its lineup with three PEEPS® treat sets and two Kellogg's® Rice Krispies® candy items. The new offerings include the PEEPS® Milkshake Kit, Flower Power Bunny Gift Set, and Race Car Driver Bunny Gift Set, priced between $7.99 and $8.99. Additionally, two Kellogg's® Rice Krispies® products include candy eggs and marshmallow rabbits, priced from $3.99 to $6.99. These new items will be available at popular retailers like Walmart, Target, and CVS, aiming to attract candy lovers this Easter season.
Paramount recently celebrated its Season of Giving event in collaboration with Reel Works, focusing on empowering young filmmakers. During this volunteer day, Paramount professionals engaged with students to provide insights into various career paths within the entertainment industry. Participants received valuable feedback on their feature pitches and had access to a Career Panel to learn more about specific roles in film. Harold Anderson, Coordinator of Paramount Social Responsibility, emphasized the importance of this partnership in lowering barriers for students aiming for careers in entertainment, promoting impactful community engagement.
Nickelodeon is set to launch its new animated preschool series Bossy Bear on March 6, 2023, featuring 30 episodes airing at 11 a.m. ET/PT. The series follows the adventures of Bossy Bear and his introverted friend Turtle in a Koreatown-inspired setting. Produced by Imagine Kids+Family, the show showcases voice talents including Lance Bass and Michael Turchin. New episodes will air Monday through Thursday throughout March. The series promise to engage preschoolers with relatable themes of friendship and imagination, while producer David Horvath draws inspiration from his popular book series.
Spin Master Entertainment, in partnership with Nickelodeon Movies and Paramount Pictures, has announced the voice cast for PAW Patrol: The Mighty Movie, set for theatrical release on October 13, 2023. The sequel features returning talents such as Taraji P. Henson, Kim Kardashian, and newcomers Kristen Bell, Christian Convery, Mckenna Grace, and Serena Williams. The film celebrates the franchise's 10th anniversary and follows the pups as they gain superpowers to face new adversaries. PAW Patrol: The Movie (2021) grossed over $150 million worldwide, indicating strong market potential for the sequel.
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