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.
Nickelodeon announces an exciting crossover event titled SpongeBob SquarePants Presents The Tidal Zone, set to premiere on January 13, 2023, at 7:00 p.m. ET/PT. This hour-long special will feature characters from the SpongeBob Universe, including SpongeBob SquarePants, The Patrick Star Show, and Kamp Koral. Viewers can also catch encore presentations on January 14 and January 15. The franchise has remained a top-rated animated series globally, with a legacy of cultural impact and significant viewer engagement.
Paramount+ has launched in Germany, Austrian, and Swiss markets, expanding its global footprint to 45 markets. Following the successful launch in France, the service offers thousands of hours of entertainment, including STAR TREK: STRANGE NEW WORLDS and YELLOWSTONE. Key highlights include a strong lineup of local content and upcoming series like DER SCHEICH and SIMON BECKETT'S CHEMISTRY OF DEATH. Subscribers can access the service for €7.99, with a 7-day trial. Marco Nobili, EVP of Paramount+, emphasized 2022 as a pivotal year for the service's global expansion.
Paramount Global (NASDAQ: PARA; PARAA) announced that its CEO, Bob Bakish, will participate in a Q&A session at the UBS Global TMT Conference in New York on December 6, 2022, at 10:50 am ET. A live webcast will be available on Paramount's Investor Relations site, with a replay accessible afterward. Paramount is a major media and entertainment company known for its extensive portfolio, including CBS, Showtime, and Paramount+. It leads in audience reach and has a significant library of TV and film content.
Paramount+ announced the global streaming release of the blockbuster film TOP GUN: MAVERICK, set for December 22, 2022. This highly anticipated film, which was the #1 film of 2022, will be available in the U.S., Canada, Australia, Germany, Switzerland, Austria, Italy, and several previously announced markets. Audiences in South Korea and France will gain access in 2023. The film follows Pete "Maverick" Mitchell, played by Tom Cruise, as he navigates new challenges and a specialized mission.
Nickelodeon and Mattel Television have announced the renewal of the animated series Monster High for a second season, consisting of 20 episodes. Season one premiered on October 28, 2022, and has already garnered a strong 0.58 K2-11 rating. The series has reached 1 million Kids 2-11 and nearly 4 million total viewers across Nickelodeon networks. An all-new digital series, Monster High Mysteries, will also launch on November 18, featuring 8 episodes. The franchise aims to promote self-acceptance and unique identities among youth.
Nickelodeon and Paramount+ announced the premiere of the new movie musical Snow Day, set for December 16, 2022, on Paramount+ in the U.S. and Canada, with a Nickelodeon airing at 7 p.m. (ET/PT). The film is a reimagining of the beloved 2000 classic, featuring a cast that includes Ky Baldwin and Michaela Russell. Directed by Emmy Award-winner Michael Lembeck, the film follows siblings Hal and Natalie as they pursue their dreams during an unexpected snow day. The movie also stars Jerry Trainor and Laura Bell Bundy, among others.
RECUR is set to launch Teenage Mutant Ninja Turtles digital collectibles on December 12 for RECUR Pass Holders and December 13 for the public. The drop will feature 10,000 NFTs priced at
Paramount Global (NASDAQ: PARA; PARAA) announced that Chief Financial Officer Naveen Chopra will participate in a fireside chat at the RBC Capital Markets Global Technology, Internet, Media and Telecommunications Conference in New York on November 16, 2022, at 9:25 a.m. ET. Investors can access a live audio webcast on Paramount's Investor Relations homepage, with a replay available post-event. Paramount Global is a major media and entertainment company, known for its extensive library and various consumer brands including CBS, Showtime, and Paramount+.
The BET "Soul Train Awards" 2022 will now air on November 26, 2022, at 8 PM ET/PT across multiple platforms including BET, BET HER, Logo, MTV2, and VH1. The preshow, hosted by Tank, Letoya Luckett, and Novi Brown, begins at 7 PM ET. Iconic performances will feature artists like Ari Lennox and Chanté Moore. The event will honor Morris Day & The Time with the 'Legend' award and Xscape as 'Lady of Soul'. This year's Soul Cypher will be presented by Walmart with notable performers.
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