STOCK TITAN

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.

Rhea-AI Summary
Paramount Consumer Products announced as official sponsor of Toy Fair 2023 Press Center
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.15%
Tags
none
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.96%
Tags
partnership
-
Rhea-AI Summary
Paramount Global and KKR have announced a definitive agreement for KKR to acquire Simon & Schuster for $1.62 billion. The acquisition will give Paramount additional financial flexibility and position Simon & Schuster for future growth. After the transaction, Simon & Schuster will become a standalone private company and continue to be led by its current executives. KKR plans to invest in various growth initiatives and establish Simon & Schuster as one of the world's best-known publishers and distributors.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1%
Tags
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.62%
Tags
-
Rhea-AI Summary
Paramount Global (NASDAQ: PARA) declares quarterly cash dividends for both its Class A and Class B Common Stock, as well as for its 5.75% Series A Mandatory Convertible Preferred Stock. The dividends of $0.05 per share for common stock and $1.4375 per share for preferred stock will be payable on October 2, 2023, to stockholders of record at the close of business on September 15, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.18%
Tags
dividends
-
Rhea-AI Summary
Moose Toys (Ticker: N/A) Acquires License for Teenage Mutant Ninja Turtles for Akedo Brand, Cross-Collaboration with Heroes of Goo Jit Zu Announced
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.45%
Tags
none
-
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.69%
Tags
none
-
Rhea-AI Summary
FoodStory Brands and Paramount Consumer Products have partnered to create a line of Yellowstone-themed Western cuisine, including coffee, seasonings, meat snacks, and Angus beef chili. The products are available at various retailers and aim to bring the rustic flavors of the hit TV series to American kitchens.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.72%
Tags
none
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.09%
Tags
conferences earnings

FAQ

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

The current stock price of Paramount Global (PARAA) is $21.736 as of November 5, 2024.

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

The market cap of Paramount Global (PARAA) is approximately 14.6B.

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

PARAA Rankings

PARAA Stock Data

14.65B
40.70M
77.46%
18.59%
0.07%
Entertainment
Television Broadcasting Stations
Link
United States of America
NEW YORK