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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Paramount Global's CFO, Naveen Chopra, will participate in a Q&A session at the Morgan Stanley Conference. The event will be live-streamed on Paramount's Investors homepage.
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Paramount Global (NASDAQ: PARA) releases financial results for Q4 and full year 2023, with a conference call scheduled. Investors can access the webcast and dial-in details on the Investors homepage.
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Paramount+ announces the return of Dora the Explorer in a new preschool series 'DORA' with CG animation and guest stars Taboo and Kate del Castillo. The series follows Dora and Boots on adventurous journeys in a rainforest, overcoming obstacles with the help of Map and facing challenges from Swiper. The original voice of Dora, Kathleen Herles, returns as Mami, alongside a talented cast. Nickelodeon also introduces 'Dora's Recipe for Adventure,' a podcast celebrating culture and family.
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Paramount Global (NASDAQ: PARA, PARAA) declares quarterly cash dividends for both its common stock and preferred stock.
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Circus Circus Las Vegas unveils the SpongeBob SquarePants-themed Dark Ride, 'SpongeBob's Crazy Carnival Ride,' created by Sally Dark Rides. The $6 million amusement ride offers an immersive experience through Bikini Bottom with vibrant sets, animatronics, and special effects. Guests can enjoy a unique adventure through the world of SpongeBob SquarePants starting March 1.
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Paramount Global partners with industry affiliates and community partners to address societal issues through Content for Change initiative in Las Vegas. Collaborations with artists, executives, athletes, and storytellers aim to combat bias and stereotypes.
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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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FAQ
What is the current stock price of Paramount Global (PARAA)?
The current stock price of Paramount Global (PARAA) is $22.52 as of January 9, 2025.
What is the market cap of Paramount Global (PARAA)?
The market cap of Paramount Global (PARAA) is approximately 15.0B.
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
15.02B
599.39M
77.49%
18.08%
0.08%
Entertainment
Television Broadcasting Stations
United States of America
NEW YORK