STOCK TITAN

Paramount Unites Brands for Launch of First Global Comprehensive E-Commerce Platform, Paramount Shop

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary

Paramount Global launched its first global e-commerce site, ParamountShop.com, on March 15, 2023. This platform features over 7,000 items representing more than 125 brands including CBS, MTV, and Nickelodeon. Paramount Shop aims to enhance customer engagement by offering a seamless shopping experience with a variety of products across categories like apparel, collectibles, and toys. The site supports worldwide shipping and will introduce localized experiences in the US, Canada, UK, and Germany. As Paramount expands its online presence, the platform is designed to reflect the company's popular content and culture-defining brands.

Positive
  • Launch of ParamountShop.com expands Paramount's direct-to-consumer capabilities.
  • Offers over 7,000 items across more than 125 brands, enhancing product range.
  • Worldwide shipping available, increasing market reach.
Negative
  • None.

Paramount Shop Debuts with Expansive Range of Product Offerings from Across Paramount Brands, Including CBS, Comedy Central, MTV, Nickelodeon, Paramount Pictures & More

NEW YORK, March 15, 2023 /PRNewswire/ -- Paramount Global today unveiled Paramount Shop (ParamountShop.com), its first global direct-to-consumer e-commerce site with products spanning the company's portfolio of current hits to beloved classics from the company's free-to-air, cable, theatrical films and streaming platforms.

The platform will feature a broad array of products representing more than 125 brands and characters totaling over 7,000 items and more than 50,000 unique products from Paramount brands including BET, CBS, Comedy Central, MTV, Nickelodeon, Paramount Network, Paramount Pictures, SHOWTIME® and more. Fans visiting the Paramount Shop will be able to engage with the characters and content they love including Baby Shark, Beavis and Butt-Head, Billions, Blue's Clues, Clueless, Coming to America, CSI, Daria, Dexter, Drunk History, Grease, iCarly, Jersey Shore, Mean Girls, PAW Patrol, Scream, Soul Train, SpongeBob SquarePants, South Park, Star Trek, Survivor, Teenage Mutant Ninja Turtles, The Godfather, Top Gun, Twin Peaks, Wolf Pack, Workaholics, Yellowjackets, and Yellowstone, among many more.

"Paramount Shop plays a key role in Paramount's multi-platform ecosystem as a new touchpoint for consumers to discover products reflecting the company's popular content and culture-defining brands," said Pam Kaufman, President and CEO International Markets, Global Consumer Products & Experiences, Paramount. "It is so exciting to have a site that provides a seamless and engaging consumer experience that allows fans to shop across our portfolio of brands."

Paramount Shop provides an easy and thoughtful customer interface, while offering an elevated and dynamic shopping experience with cinematic photography and a sleek design. Fans on the site will also have a seamless opportunity to engage with Paramount+. Items available for purchase will span categories including apparel, accessories, collectibles, costumes, home, party goods, publishing, and toys, exclusive and memorabilia as well as unique co-brands. Products and collections will be updated as the platform continues to rollout authentic collaborations inspired by the brands, characters and franchises that fans love.

From launch, the site has the ability to ship worldwide. Additionally, there will be localized experiences in the US, Canada, UK and Germany with plans to expand over the course of the year.

Fans can shop now at ParamountShop.com.

About Paramount Consumer Products
Paramount Consumer Products oversees all licensing and merchandising for Paramount (Nasdaq: PARA, PARAA), a leading global media and entertainment company that creates premium content and experiences for audiences worldwide. Driven by iconic consumer brands, Paramount Consumer Products' portfolio includes a diverse slate of brands and content from BET, CBS (including CBS Television Studios and CBS Television Distribution), Comedy Central, MTV, Nickelodeon, Paramount Pictures and SHOWTIME®. With properties spanning animation, live-action, preschool, youth and adult, Paramount Consumer Products is committed to creating the highest quality product for some of the world's most beloved, iconic franchises. To view our range of consumer products and Paramount branded apparel, visit ParamountShop.com.

Cision View original content:https://www.prnewswire.com/news-releases/paramount-unites-brands-for-launch-of-first-global-comprehensive-e-commerce-platform-paramount-shop-301773546.html

SOURCE Paramount Global

FAQ

What is ParamountShop.com and when was it launched?

ParamountShop.com is Paramount Global's first global e-commerce site, launched on March 15, 2023.

How many brands and products are featured on ParamountShop.com?

The site features over 125 brands and more than 7,000 items from Paramount's portfolio.

Does ParamountShop.com ship internationally?

Yes, ParamountShop.com offers worldwide shipping and localized experiences in the US, Canada, UK, and Germany.

What types of products are available on ParamountShop.com?

Products include apparel, collectibles, toys, and memorabilia across various categories.

How does Paramount Shop enhance customer engagement?

Paramount Shop provides a seamless and engaging shopping experience, allowing fans to interact with their favorite characters and franchises.

Paramount Global

NASDAQ:PARAA

PARAA Rankings

PARAA Latest News

PARAA Stock Data

14.65B
40.70M
77.46%
18.59%
0.07%
Entertainment
Television Broadcasting Stations
Link
United States of America
NEW YORK