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Paramount Global - PARAP STOCK NEWS

Welcome to our dedicated page for Paramount Global news (Ticker: PARAP), a resource for investors and traders seeking the latest updates and insights on Paramount Global stock.

Paramount Global, owned by National Amusements, is an American multinational mass media and entertainment conglomerate based in New York. The company operates CBS, Paramount+, Pluto TV, and the CBS app, offering a wide range of entertainment, news, and sports programming. Viewers have spent over 456 billion minutes watching CBS content, surpassing streaming competitors. With a focus on multiplatform audience aggregation, CBS continues to grow its viewership year over year.

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BET announced the launch of Shop With BET, a curated marketplace developed with Cistus Media that showcases Black-owned and inclusive brands. The platform debuts with exclusive content hosted by KJ Smith, Mara S. Campo, and Gabrielle Richards. A half-hour episode of Shop With BET: Where Culture Meets Commerce will air on November 13, 2024, at 10 PM ET/CT following Tyler Perry's Sistas. The marketplace aims to connect commerce with Black culture, leveraging BET's position as the #1 series on TV for Black viewers. Visitors can subscribe at ShopWithBET.com for early access to exclusive collections and -edition items.

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HBCU Buzz, BET, Live Nation Urban, and When We All Vote have launched the Vote Loud: HBCU Voter Registration Challenge to encourage voter participation among HBCU students and community members for the 2024 election. The challenge, running from September 5 to October 5, 2024, aims to empower young Black voters and increase civic engagement.

Participants can win prizes for their school community by registering to vote and promoting voter registration. The initiative highlights the importance of Black voters, who represent 14% of all eligible voters in the United States. The challenge emphasizes the impact of down-ballot races and ballot initiatives on issues such as the economy and cost of living.

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CBS programming has been watched for over 456 billion minutes in the first four months of 2024, surpassing Netflix and all other streaming competitors. The network's content saw a 30% increase in viewership compared to Netflix originals and a 231% increase compared to other streaming services. CBS continues to dominate with multiple popular series and post-season NFL coverage, attracting a massive multiplatform audience.

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BET Media Group, a unit of Paramount (NASDAQ: PARAA; PARA; PARAP), has announced the return of the "BET Her Awards" on March 5, 2023, in Atlanta. Sponsored by Walmart, this event honors Black women's contributions across various fields under themes like Black Love, Joy, Pride, and Power. Notable honorees include Kandi Burruss, Kym Whitley, and Marsai Martin, alongside performers Tamela Mann and MC Lyte. The awards celebrate the resilience of Black women and reaffirm BET Media Group's commitment to uplifting the Black community through strategic partnerships and innovative programming.

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The BET "Soul Train Awards" 2022 will now air on November 26, 2022, at 8 PM ET/PT across multiple platforms including BET, BET HER, Logo, MTV2, and VH1. The preshow, hosted by Tank, Letoya Luckett, and Novi Brown, begins at 7 PM ET. Iconic performances will feature artists like Ari Lennox and Chanté Moore. The event will honor Morris Day & The Time with the 'Legend' award and Xscape as 'Lady of Soul'. This year's Soul Cypher will be presented by Walmart with notable performers.

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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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BET revives the nostalgic reality series COLLEGE HILL: CELEBRITY EDITION, featuring celebrities like Nene Leakes and Ray J as they pursue higher education at Texas Southern University. The show, set to premiere this summer, consists of eight episodes showcasing the unique experiences of celebrities navigating college life while working towards a specialty certificate program. Each cast member commits to overcoming personal challenges, highlighting the importance of education, especially within the HBCU community. The series aims to inspire viewers and raise awareness about HBCUs.

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FAQ

What is Paramount Global?

Paramount Global is an American multinational mass media and entertainment conglomerate owned by National Amusements, headquartered in New York.

Which platforms does Paramount Global operate?

Paramount Global operates CBS, Paramount+, Pluto TV, and the CBS app, offering a variety of entertainment, news, and sports programming.

How many minutes have viewers spent watching CBS content?

Viewers have watched over 456 billion minutes of CBS programming, outperforming streaming competitors.

Who owns Paramount Global?

Paramount Global is owned and operated by National Amusements.

What is the latest news regarding Paramount Global?

In recent news, viewers have spent over 456 billion minutes watching CBS content, showing significant growth in viewership.

How does Paramount Global compare to its streaming competitors?

Paramount Global has seen a +30% increase in viewer minutes compared to Netflix originals and a +231% increase compared to all other streaming competitors combined.

What is CBS' approach to audience aggregation?

CBS focuses on multiplatform audience aggregation, with programming up nearly +6% year over year, indicating a strong resonance with viewers.

Who is Radha Subramanyam and what is her role at CBS?

Radha Subramanyam is the chief research and analytics officer at CBS, overseeing data analysis and strategic insights for the company.

What is the significance of minutes watched for CBS?

Minutes watched provide a standard metric for comparing viewership across broadcast networks and digital platforms, showcasing CBS' broad audience reach.

How does CBS' viewership performance compare to previous years?

CBS has seen a +5.8% increase in minutes watched from the same period last year, demonstrating continued growth and popularity.

What is the source of the data mentioned in the news?

The data on viewer minutes and viewership comparisons are sourced from Nielsen Total Day data and CBS' internal reporting for Paramount+, Pluto TV, and the CBS app.

Paramount Global

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