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Paramount Global - PARAA STOCK NEWS

Welcome to our dedicated page for Paramount Global news (Ticker: PARAA), a resource for investors and traders seeking the latest updates and insights on Paramount Global stock.

Paramount Global, trading under the symbol PARAA, is a prominent media and entertainment company driven by iconic consumer brands. The company's extensive portfolio includes CBS, Showtime Networks, Paramount Pictures, Nickelodeon, MTV, Comedy Central, BET, Paramount+, Pluto TV, and Simon & Schuster, among others. Paramount Global commands a significant share of the U.S. television audience and holds a vast library of TV and film titles. In addition to offering innovative streaming services and digital video products, the company excels in production, distribution, and advertising solutions on a global scale.

Paramount Global operates within three main business segments: TV media, filmed entertainment, and direct-to-consumer. The TV media segment comprises television production studios, various broadcast and cable networks, such as CBS, Paramount, Nickelodeon, MTV, BET, and VH1. The filmed entertainment division includes multiple film studios, notably Paramount Pictures, that produce and distribute movies to theaters and other media outlets. Direct-to-consumer encompasses various streaming platforms, including Paramount+, Showtime, Pluto TV, and BET+. Content on these platforms is created by the production studios within the company's other business segments, providing a diverse range of entertainment options for audiences worldwide.

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Paramount Global (NASDAQ: PARA, PARAA) has announced its financial results for the third quarter ended September 30, 2023. The company will conduct a conference call at 4:30 p.m. (ET) today, with a live audio webcast available on Paramount's Investors homepage. An audio replay of the call will be accessible starting at 7:30 p.m. (ET) on November 2. Investors can also find the earnings release and other related information on Paramount's website.
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Nickelodeon announces the renewal of the Annie Award-winning series, The Tiny Chef Show, for a second season. The new season will consist of 22 half-hour episodes and will feature Chef embarking on herbivorous adventures and cooking up plant-based recipes. The season will kick off with two holiday-themed specials. The show is available for streaming on Paramount+.
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Paramount Global announces the global expansion of EyeQ, a digital video advertising platform, making it easier for advertisers to activate campaigns across Paramount's digital content portfolio. EyeQ will be fueled by Pluto TV's international presence and the introduction of a Paramount+ ad tier in select markets. EyeQ has experienced significant growth since its launch in 2020, becoming a multi-billion-dollar digital advertising business with over 100 million monthly unique viewers in the U.S.
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JAKKS Pacific, Inc. announces a multi-year partnership with SEGA of America for Sonic the Hedgehog 3, the upcoming Paramount Pictures' feature film. The collaboration will result in the design, development, and manufacture of various products including action figures, plush, playsets, costumes, and costume accessories. The products are set to hit the market in late 2024.
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KKR completes acquisition of Simon & Schuster from Paramount Global in a $1.62 billion all-cash transaction. Simon & Schuster is now a standalone private company, led by Jonathan Karp. KKR plans to strengthen the company and maintain its editorial excellence and independence.
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First Lady Jill Biden joins Nickelodeon and ATTN: to unveil Well Versed, an animated musical series that teaches kids about democracy and the U.S. Bill of Rights through original pop songs. The series will launch on Nov. 1 across Nickelodeon platforms, Paramount+, and Noggin, with a curriculum guided by iCivics.
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Paramount and Sinclair have announced multi-year distribution agreements across all 21 CBS network affiliations for Sinclair stations. The agreements cover 23 markets and reach over 10 million television households.
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Nickelodeon's iconic 'Burgermobile' from the upcoming movie Good Burger 2 will debut at the Macy's Thanksgiving Day Parade. The parade will also feature the Teenage Mutant Ninja Turtles: Mutant Mayhem float and returning favorites SpongeBob SquarePants, PAW Patrol, and Baby Shark. Good Burger 2 will premiere on Paramount+ on November 22.
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Paramount Global to conduct conference call for third quarter financial results
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Nickelodeon Hotels & Resorts introduces the first-ever Food & Slime Festival at Punta Cana and Riviera Maya locations, offering guests innovative gastronomy and beverages. The festival runs from November 3 to November 30, 2023, with a special Thanksgiving menu available. Guests can save up to 60% when booking their stay between September 9 and November 23, 2023. The festival includes Slime-inspired culinary delights, pop-up Gourmet Slime Fair, face painting, meet and greets with favorite Nick characters, performances by Green Party Band, and more.
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FAQ

What is the current stock price of Paramount Global (PARAA)?

The current stock price of Paramount Global (PARAA) is $22.67 as of November 22, 2024.

What is the market cap of Paramount Global (PARAA)?

The market cap of Paramount Global (PARAA) is approximately 15.1B.

What are the key brands under Paramount Global?

Paramount Global owns iconic consumer brands such as CBS, Showtime Networks, Paramount Pictures, Nickelodeon, MTV, Comedy Central, BET, Paramount+, Pluto TV, and Simon & Schuster.

What segments does Paramount Global operate in?

Paramount Global operates in three main segments: TV media, filmed entertainment, and direct-to-consumer.

What does the TV media segment of Paramount Global entail?

The TV media segment includes television production studios, various broadcast and cable networks like CBS, Paramount, Nickelodeon, MTV, BET, and VH1.

Which film studios fall under Paramount Global's filmed entertainment division?

Paramount Global's filmed entertainment division comprises multiple film studios, with Paramount Pictures being the most significant one.

What are some of the streaming platforms offered by Paramount Global?

Paramount Global provides various streaming platforms, including Paramount+, Showtime, Pluto TV, and BET+.

Where can I find more information about Paramount Global's latest news and updates?

For the latest news and updates about Paramount Global, visit their official website or follow @ParamountCo on social media platforms.

Paramount Global

Nasdaq:PARAA

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PARAA Stock Data

15.08B
600.73M
77.49%
18.23%
0.07%
Entertainment
Television Broadcasting Stations
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