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, The Pinkfong Company, and VStar Entertainment Group launched Baby Shark's Big Broadwave Tour, receiving a positive reception in Sioux City. The tour promises a colorful storyline, new music, and engaging twists on Nickelodeon tunes, set to continue across the U.S. until 2024.
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Paramount Pictures has renewed its partnership with Ryan Reynolds' Maximum Effort Productions for a three-year term, extending the deal through December 2026. The agreement includes motion picture development for all of Maximum Effort's projects, with Reynolds attached to star in and produce the previously announced feature film 'Boy Band', and several other projects in development. Reynolds also produces and stars in the upcoming family film 'IF', slated for theatrical release on May 17th. Maximum Effort Co-Founder Ryan Reynolds expressed excitement about the renewed partnership, emphasizing their commitment to bringing original films to movie theaters.
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OTOY, Paramount Game Studios, and Roddenberry Entertainment have launched 'The Archive' app for the Apple Vision Pro, offering nearly 2 hours of groundbreaking Star Trek spatial experiences. The app allows users to explore fully realized locations, artifacts, and items from every Star Trek TV show and film, spanning nearly 60 years of the franchise's history. It features downloadable holographic objects, remastered concept videos, and documentary films. The app's spatial content was created using cutting-edge GPU rendering tools and USD format, providing unprecedented levels of photorealism and visual fidelity. The release is a significant step towards realizing Gene Roddenberry's Holodeck, offering full visual immersion and historical accuracy.
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Nickelodeon and CBS Sports will feature the first-ever Super Bowl alternate telecast, Super Bowl LVIII Live from Bikini Bottom, exclusively on Nickelodeon, featuring SpongeBob SquarePants and Patrick Star live in the booth alongside CBS Sports' Nate Burleson and Play-by-Play Announcer Noah Eagle. The production will include enhanced graphics, augmented reality, and animated characters from SpongeBob SquarePants. The telecast will also premiere new episodes of NFL Slimetime and other programming for kids and families.
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Pluto TV launches an exclusive pop-up channel 'NFL Super Bowl Classics' featuring past Super Bowl games and specials 24/7 for a limited time, available from January 18 through February 21. The channel will include full game replays, NFL Films programming, docu-series, and specials highlighting the rich legacy of America's favorite pastime. Viewers can find the channel exclusively on the Pluto TV app or connected TV devices in the Sports category.
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Paramount Global (NASDAQ: PARA, PARAA) will report its fourth quarter and full year 2023 financial results on February 28, 2024. The company will conduct a conference call and provide a live audio webcast for investors. Access details for the call and audio replay are also provided in the press release.
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Karisma Hotels & Resorts, in partnership with Paramount, is transforming Nickelodeon Hotels & Resorts Punta Cana with new offerings, including the Snick Lounge, The Sweetery, and an expanded Aqua Nick waterpark. The resort will also feature in-room art updates, character-themed culinary experiences, and live entertainment offerings. The renovations aim to provide an extraordinary vacation experience for guests of all ages, celebrating the spirit of Nickelodeon.
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Popsicle (POPS) Introduces SpongeBob SquarePants Popsicles in Local Grocery Stores Nationwide, Starting January 2024
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Nickelodeon's Rock Paper Scissors (RPS) series, featuring Ron Funches as Rock, Thomas Lennon as Paper, and Carlos Alazraqui as Scissors, premieres on February 12, 2024. The show follows the hilarious escapades of the trio as they compete in absurd ways. The series was greenlit from Nickelodeon's Intergalactic Shorts Program and is produced by Nickelodeon Animation, with Kyle Stegina and Josh Lehrman as creators and executive producers.
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Mattel, Inc. (NASDAQ: MAT) collaborates with Paramount Pictures and Temple Hill Entertainment to develop a live-action feature film based on the American Girl doll line. The film will be distributed by Paramount Pictures and produced by Mattel Films, Paramount Pictures, and Temple Hill Entertainment. Lindsey Anderson Beer is set to write the screenplay and produce. American Girl, known for its premium dolls and bestselling books, was founded in 1986 and continues to focus on creating authentic, culturally relevant characters and stories that help girls grow up with courage, confidence, and strength of character.
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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
United States of America
NEW YORK