Paramount Global - PARAA STOCK NEWS

BET announced the launch of Shop With BET, a curated marketplace developed with Cistus Media that showcases Black-owned and inclusive brands. The platform debuts with exclusive content hosted by KJ Smith, Mara S. Campo, and Gabrielle Richards. A half-hour episode of Shop With BET: Where Culture Meets Commerce will air on November 13, 2024, at 10 PM ET/CT following Tyler Perry's Sistas. The marketplace aims to connect commerce with Black culture, leveraging BET's position as the #1 series on TV for Black viewers. Visitors can subscribe at ShopWithBET.com for early access to exclusive collections and -edition items.

Pepsi and Regal are partnering to create 'The Pepsi COLAsseum' at Regal Times Square in New York City, offering fans an immersive experience ahead of Paramount Pictures' Gladiator II release on November 22. The free event on November 19 will transform the theatre into a Roman Colosseum 'hypogeum,' featuring costume displays, AR experiences, themed snacks, and entertainment. Lucky attendees will be the first to watch Gladiator II in 4DX at the world's largest 4DX auditorium. The film stars Paul Mescal, Pedro Pascal, Joseph Quinn, Connie Nielsen, and Denzel Washington.

Paramount Pictures has announced a strategic partnership with Scuderia Ferrari HP to celebrate the release of Gladiator II. The collaboration features Ferrari drivers Charles Leclerc and Carlos Sainz attending the Royal Global Premiere in London wearing custom-made tuxedos by Ferrari's Creative Director.

The partnership includes exclusive content across digital and TV channels, with Ferrari-branded livery at the Las Vegas Grand Prix. The collaboration aims to unite cinematic storytelling with motorsport excellence, celebrating both brands' commitment to innovation and legacy.

Gladiator II, directed by Ridley Scott, follows Lucius (Paul Mescal) as he enters the Colosseum to fight against tyrannical Emperors, continuing the saga of power and vengeance in Ancient Rome. The film releases on November 15.

Super League (Nasdaq: SLE) has partnered with Paramount Pictures to launch 'Gladiator Gauntlet', a custom Fortnite map inspired by the upcoming film Gladiator II. The experience, available from November 9 to 29 for users over 18, features a detailed recreation of the film's Colosseum using live art scans. The initiative includes collaborations with popular UEFN map creators who will integrate Gladiator NPCs and portals within their experiences. Paramount Pictures will promote the map through Twitch streams featuring notable Fortnite content creators Typical Gamer, Loserfruit, and Peterbot.

Paramount Global (NASDAQ: PARA, PARAA) announced its third quarter 2024 financial results ending September 30, 2024. The company will host a conference call at 8:30 a.m. (ET) with a live audio webcast available on Paramount's Investors homepage. The call can be accessed by dialing 833-470-1428 (domestic) or 929-526-1599 (international) using access code 298878. An audio replay will be available using code 290593. All earnings-related materials will be accessible on Paramount's Investors website.

Skechers achieved record-breaking success at its 16th Pier to Pier Friendship Walk, raising over $3.4 million, surpassing its $2.5 million goal. The event, co-sponsored by Nickelodeon, attracted nearly 22,000 registrants and has now raised more than $27 million in total for children with special needs, public schools, and college scholarships. The funds support the future Friendship Campus, a $55 million facility opening in 2026, offering vocational programs and life skills training. The Walk's proceeds also help reduce class sizes, update school facilities, and provide college scholarships, having donated over $1.1 million in scholarships to date.

BET Media Group announces the premiere of the 'BET Black Men's Summit', airing October 29, 2024, at 10 PM ET/9 PM CT. Hosted by D.L. Hughley, the special brings together influential Black men to discuss critical issues ahead of the 2024 presidential election. The summit features prominent guests including Michael Ealy, Jermaine Dupri, and Ben Crump, addressing economic disparities, political engagement, and reproductive rights. According to BET's study, while 89% of Black men intend to vote, nearly 20% feel ignored in the political process. The summit is part of BET's 'We VOTE' campaign aimed at increasing civic engagement and voter participation within the Black community.

Nickelodeon has announced that Kamala Harris has won their Kids Pick the President 'Kids' Vote' poll with 52% of the votes, while Donald Trump received 48%. Over 32,000 virtual ballots were cast between October 3-23. The results will be announced in a special half-hour program hosted by Nate Burleson and his daughter Mia, airing at 8 p.m. (ET/PT) across Nickelodeon platforms and Paramount+.

The special will focus on issues important to young people in the 2024 presidential election, including the economy, AI technology, and health. Nickelodeon has partnered with NAMLE to provide media literacy resources for parents through kidspickthepresident.com as part of their Our World prosocial initiative.

GAMCO has reviewed Project Rise Partners' open letter regarding their offer for Paramount at a price higher than the current merger price. Despite the 'Go Shop' period expiring on August 21, 2024, GAMCO believes Paramount's Board should consider and respond to this serious proposal. Through Operation Fishbowl, GAMCO continues to receive documents via a Delaware 220 Books and Records request, seeking to ensure shareholders receive fair value. However, materials received so far lack sufficient information to properly value NAI's Paramount holdings and non-Paramount assets. GAMCO Portfolio Manager Christopher Marangi notes uncertainty about NAI's per-share compensation for their control ownership.