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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.
Paramount+ is set to release the new animated series Transformers: EarthSpark exclusively on its platform this November. The series introduces a fresh generation of Transformers, marking the first to be born on Earth, alongside a human family. The project includes 26 episodes and boasts a talented voice cast featuring Sydney Mikayla, Danny Pudi, and others. The reveal happened at Comic-Con International 2022, showcasing the series' first look. Transformers: EarthSpark aims to redefine family dynamics within the globally recognized Transformers franchise.
Nickelodeon is set to premiere its first-ever SpongeBob Universe crossover special, "The Tidal Zone," in November. This one-hour event features characters from SpongeBob SquarePants, Kamp Koral: SpongeBob's Under Years, and The Patrick Star Show. Revealed during Comic-Con International, the special promises a multidimensional adventure led by GrandPat and includes iconic voice talent.
The announcement comes alongside news of a 14th season for SpongeBob SquarePants, further expanding the franchise's reach, which includes over 100 million viewers quarterly worldwide.
Nickelodeon and Paramount+ announced the renewal of Rugrats for a third season, adding 13 episodes to the second season. The announcement was made during Comic-Con 2022, revealing the beloved characters will continue their adventures in 2023. The reimagined series showcases Tommy, Chuckie, Angelica, and friends as they explore imaginative worlds. The original Rugrats debuted in 1991, becoming a pop culture phenomenon with multiple awards and three theatrical releases.
Nickelodeon will host the two-day music festival NickFest on October 22-23, at the Rose Bowl Stadium in Pasadena, California. MONSTA X will headline on October 22, while The Kid LAROI headlines on October 23. General tickets go on sale on July 26, starting at $115, with early access for American Express Platinum Card members from July 20. Attendees will enjoy various immersive experiences and Halloween-themed activities. Nickelodeon, part of Paramount (Nasdaq: PARA, PARAA), continues to lead as the top entertainment brand for kids.
Nickelodeon and Mattel have announced the voice cast for the new animated series Monster High, set to debut globally in Fall 2022. The series features 26 episodes that explore the lives of teenage monster children, including characters like Clawdeen Wolf and Draculaura, as they find their identity and embrace their differences. The announcement includes a live-action musical movie premiering on October 6, 2022. Monster High aims to inspire acceptance and self-expression among viewers, revitalizing a franchise popular since 2010.
RECUR has partnered with Paramount and Steve Aoki to launch a new NFT collection featuring characters from iconic '90s shows Rugrats and Hey Arnold!. The NFT drop begins on
Kellogg's announces the launch of its new Apple Jacks® Slime cereal in collaboration with Nickelodeon, available for a limited time starting July 2022. Priced at $4.49 for an 8.2-ounce box, this cereal features sweetened orange and green loops with a green apple flavor that turns milk bright green. Directors from Kellogg and Paramount express excitement over this nostalgic product aimed at both kids and adults. The launch embodies a playful blend of Kellogg's offerings and Nickelodeon's iconic Slime brand, enhancing breakfast experiences for families.
Star Trek: Prodigy debuts on Nickelodeon on July 8, 2022, at 8:00 p.m. (ET/PT). This animated series follows a group of teens who discover a derelict Starfleet ship while seeking adventure and understanding. With a diverse voice cast, including Kate Mulgrew as Hologram Captain Janeway, the show aims to introduce younger audiences to the Star Trek franchise. Episodes will air weekly through August 5 and will be available for streaming on Nick.com and Paramount+.
Paramount Global (NASDAQ: PARA, PARAA) will release its second-quarter financial results on August 4, 2022, for the period ending June 30, 2022. A conference call is scheduled for 8:30 a.m. (ET) the same day, available via audio webcast on Paramount's Investor Relations page. The call can be accessed by dialing 844-200-6205 (domestic) or 929-526-1599 (international) with access code 907998. An audio replay will be available post-call. Paramount is a leading global media and entertainment company with notable brands like CBS, Showtime, and Paramount+.
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