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.
Yellow Rose by Kendra Scott has launched a -edition Yellowstone Collection in collaboration with Paramount Consumer Products, coinciding with the return of the series' fifth season. The collection features 13 styles priced between $50-$250, including bracelets, rings, and necklaces inspired by the Yellowstone Dutton Ranch and Beth and Rip's love story. 20% of the purchase price will be allocated to the Nest Women of the West Fund through The Kendra Scott Foundation, supporting American craftsmen and artisans. The collection is now available on KendraScott.com and targets Yellowstone's audience of over 12 million viewers.
Plan International and Paramount have partnered to launch a global campaign on International Day of the Girl Child (Oct. 11) to support girls' education and gender equality. The campaign features Nickelodeon's Dora and includes:
- The Dora Fund: Grants for youth-led organizations focused on girls' education
- Backpacks and supplies distribution funded by Paramount
- A global PSA airing across Paramount networks
- A Plan International resource hub
The initiative aims to address the crisis of 224 million out-of-school children worldwide, with girls facing the greatest barriers. In 2023, Plan reached 10.5 million people through education programs. The campaign invites public participation to break down barriers and ensure all children, especially girls, have access to education.
Chamère, a ready-to-drink Kir Royale inspired by the Netflix series Emily in Paris, is launching in the US this fall. The beverage, which combines sparkling wine with natural cassis flavor, aims to capture Parisian sophistication with a playful twist. Packaged in a 25cl can, Chamère will be available at select retailers in New York, New Jersey, Connecticut, Maryland, Delaware, and Washington, D.C. starting October 10th, and through ReserveBar from October 28th.
To celebrate the launch, Chamère is hosting a 'Parisian Fall Picnic' event in New York City. The brand is part of The Quintessential Brands Group, an independent spirits business with a global reach. Paramount Consumer Products, which oversees licensing for Paramount (Nasdaq: PARA, PARAA), is involved in the brand's connection to Emily in Paris.
Paramount Global (NASDAQ: PARA, PARAA) has announced that it will release its third quarter financial results on Friday, November 8, 2024. The company will hold a conference call at 8:30 a.m. (ET) following the release of its earnings materials. A live audio webcast will be available on Paramount's Investors homepage at ir.paramount.com.
Investors can also access the conference call by dialing 833-470-1428 (domestic) or 929-526-1599 (international) using access code 298878. An audio replay of the call will be available from 11:30 a.m. (ET) on November 8 on Paramount's Investors homepage and at 866-813-9403 using access code 290593. The earnings release and related information will be accessible on the company's Investors website.
Mary Quintero, renowned Panamanian designer and entrepreneur, launches the 'Emily in Paris x Undercover' collaboration in celebration of Hispanic Heritage Month. The capsule collection, inspired by the hit TV series starring Lily Collins, is now available in the United States. Quintero, a Vital Voices fellow and award-winning entrepreneur, offers a fusion of Parisian elegance with Undercover's bold style, including vibrant footwear, clothing, and accessories.
The collection not only celebrates fashion but also supports social causes. Through its 'Positive Footprints' program, a percentage of sales will be donated to the Panamanian Fashion Council, contributing to sustainable fashion education. Undercover has previously worked with over 20 organizations, donating more than 30,000 pairs of shoes.
The launch includes an exciting Kickstarter campaign, inviting fashion enthusiasts and fans of the series to be part of this global fashion adventure. This collaboration represents Quintero's commitment to innovative design, social responsibility, and global expansion.
Nickelodeon is bringing back its Kids Pick the President "Kids' Vote" poll for the 2024 U.S. presidential election, along with a new special airing on October 28. The poll, which opens today, allows children to vote for their preferred presidential candidate at kidspickthepresident.com. The results will be revealed during a half-hour special hosted by Nate Burleson and his daughter Mia, premiering on Nickelodeon and Paramount+.
The special will showcase kids' perspectives on key election issues such as the economy, AI, technology, and health. Nickelodeon has partnered with NAMLE to provide media literacy resources for parents. This initiative is part of Nickelodeon's Our World prosocial program, aimed at inspiring kids and providing tools for civic engagement.
Nickelodeon and Paramount are celebrating SpongeBob SquarePants' 25th anniversary with 'The Krabby Patty Kollab,' bringing Krabby Patty-inspired dishes to real-world menus. Starting October 8, over 100 interpretations will be available at more than 250 restaurants across 12 cities worldwide until October 27.
The collaboration includes various culinary styles, from dumplings to ice cream, all inspired by Bikini Bottom's famous secret recipe. Wendy's will offer a special Krabby Patty Kollab Burger and Pineapple Under the Sea Frosty in the U.S., Canada, and Guam through early November.
This initiative is part of a broader 25th anniversary celebration, which includes new content, experiences, and products. An anniversary special, 'Kreepaway Kamp,' will premiere on October 10 on Nickelodeon and Paramount+. Since its 1999 launch, SpongeBob SquarePants has become a global phenomenon, viewed in over 180 markets and translated into more than 30 languages.
Wendy's and Paramount are partnering to celebrate the 25th anniversary of SpongeBob SquarePants with the launch of the Krabby Patty Kollab. This -time collaboration introduces two new menu items: the Krabby Patty Kollab Burger and the Pineapple Under the Sea Frosty.
The Krabby Patty Kollab Burger features a quarter pound of fresh beef, American cheese, lettuce, tomato, pickle, onion, and a secret Krabby Kollab sauce. The Pineapple Under the Sea Frosty is a vanilla Frosty with a Pineapple Mango flavored puree swirl.
Available nationwide in the U.S., Canada, and Guam starting October 8, 2024, these items can be purchased at Wendy's restaurants and through the Wendy's mobile app. An exclusive preview will be available in Los Angeles on October 7-8 through an immersive drive-thru experience in Panorama City.
Bath & Body Works (NYSE: BBWI) has announced a new collaboration with Paramount Consumer Products for the Netflix series Emily in Paris. The -edition holiday collection features over 50 products designed to capture the essence of the show through fragrance and fashion.
The collection includes four exclusive fragrances: Champagne in Paris, Paris Amour, Lavender Luxe, and Macaron Cloud. Products range from fine fragrance mists and body care items to candles and home fragrances, priced between $1.95 and $36.95.
This partnership follows Bath & Body Works' successful collaborations with other popular TV series like Bridgerton and Stranger Things. The company aims to engage fans by bringing the show to life through fragrance, leveraging its expertise in personal care and home fragrance products.
The Bath & Body Works x Emily in Paris collection will be available in stores nationwide and online starting November.
PAW Patrol 3, the upcoming installment in the blockbuster franchise, has cast Academy Award winner Jennifer Hudson and comedian Fortune Feimster alongside returning Emmy nominee Mckenna Grace. Set for an exclusive theatrical release in 2026, the film is produced by Spin Master Entertainment in association with Nickelodeon Movies and distributed by Paramount Pictures.
Veteran animation director Cal Brunker will return to direct and co-write the film with Bob Barlen. The first two PAW Patrol films, also directed by Brunker, earned over $345 million at the global box office. Jennifer Dodge, President of Spin Master Entertainment, expressed excitement about the new cast additions, emphasizing their potential to enhance the franchise's storytelling.
Hudson, an EGOT winner, and Feimster, a accomplished stand-up comedian and actor, bring their considerable talents to the beloved children's franchise. The film follows the recent ten-year anniversary of the PAW Patrol franchise and aims to captivate young audiences and families worldwide.
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