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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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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.

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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 July 18 for whitelisted users and July 19 for the public, with 10,000 packs available at $50 each. Fans can trade original NFTs for Slime starting July 26 to unlock rare Mashup characters from Rugrats and Hey Arnold! The release aims to engage fans in a nostalgic revival through innovative digital experiences.

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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.

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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+.

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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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Mattel, Nickelodeon, and Paramount+ announced the premiere of Monster High: The Movie, set for October 6, 2022, at 7 p.m. ET/PT. The live-action musical, rooted in the beloved franchise, follows Clawdeen Wolf as she navigates her identity at Monster High. The movie highlights themes of self-acceptance and friendship, featuring a cast including Miia Harris and Ceci Balagot. Following the film, an animated series based on the franchise will launch this year. The film aims to resonate with a new generation while fostering inclusivity.

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Mediacom Communications has renewed its carriage agreement with Paramount Global (NASDAQ: PARA, PARAA). This agreement ensures continued access to Paramount's extensive portfolio, including networks like CBS, BET, and SHOWTIME® OTT. Italia Commisso Weinand, Mediacom's Executive VP, expressed satisfaction with the ongoing partnership. Financial terms were not disclosed, indicating a possible focus on long-term collaboration over immediate financial impacts.

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BET Awards 2022 attracted over 3.2 million viewers, achieving a noteworthy 34% increase from the previous year. The event, hosted by Taraji P. Henson, was broadcast live across ten Paramount Global networks on June 26. Notably, 2.1 million viewers watched on BET alone. The awards secured the title of the #1 cable awards show for the P18-49 demographic and generated over 103 million social media views, making it the #1 most social show on TV. An encore presentation is scheduled for June 30.

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Announcing the return of The Smurfs for a second season, Nickelodeon premieres new episodes starting July 4, 2022, with the full season launching on July 18, 2022. The series introduces new characters Wild Smurf and Leaf, set to engage audiences with time travel and magic duels. The voice cast features notable actors, enhancing the show's appeal. Nickelodeon, part of Paramount's entertainment portfolio, continues its legacy as a leader in children's entertainment. The series is co-produced by various international partners and supported by multiple European funding bodies.

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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

PARAA Rankings

PARAA Stock Data

15.08B
600.73M
77.49%
18.23%
0.07%
Entertainment
Television Broadcasting Stations
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United States of America
NEW YORK