Welcome to our dedicated page for PARAMOUNT GLOBAL news (Ticker: PARA), a resource for investors and traders seeking the latest updates and insights on PARAMOUNT GLOBAL stock.
Paramount Global (NASDAQ: PARA, PARAA) is a media, streaming and entertainment company whose news flow reflects activity across its portfolio of well-known brands, including CBS, Paramount Pictures, Nickelodeon, MTV, Comedy Central, BET, Paramount+ and Pluto TV. News about Paramount often covers corporate developments, content deals, programming announcements and brand partnerships tied to its extensive library of TV and film titles.
Investors and followers of PARA can expect news items on quarterly earnings results and related conference calls, as shown by announcements of second quarter financial results and scheduled investor webcasts. These updates provide insight into how the company communicates its performance and outlook to the market.
Paramount-related news also highlights content and programming moves, such as Nickelodeon adding series like "Modern Family" to the Nick at Nite lineup, or airing animated series including "Unicorn Academy" and "Vida the Vet." Announcements about new preschool series like "Tim Rex in Space" demonstrate how Paramount uses its networks and co-production arrangements to bring new content to audiences in different markets.
Another recurring theme in news about Paramount is the use of its franchises and characters in collaborations and campaigns. Examples include PAW Patrol cupcake assortments developed through Paramount Consumer Products, SpongeBob SquarePants fashion and lifestyle collections, and global campaigns with Plan International featuring Dora to support girls' education. Corporate transaction updates, such as the planned closing of transactions with Skydance Media and the expected change of trading symbol to PSKY for New Paramount, also appear in the news stream.
By following PARA news, readers can track how Paramount deploys its brands, content library and distribution platforms across television, streaming, consumer products and social impact initiatives, as well as stay aware of major corporate and capital markets developments affecting the company.
Play.Works, a leading provider of Connected TV (CTV) games and video content, has launched a new game called 'SpongeBob Bounce.' Available now on Roku and soon on other CTV platforms, the game features the beloved Nickelodeon character SpongeBob SquarePants.
Developed under license from Paramount Game Studios, 'SpongeBob Bounce' is a family-friendly, adventure game where players help SpongeBob bounce from the ocean floor, avoid hazards, and collect boosters. It utilizes Play.Works' innovative CTV gaming framework to offer an engaging TV gaming experience.
Jonathan Boltax, CEO of Play.Works, expressed enthusiasm about bringing SpongeBob to living rooms worldwide, highlighting its potential to attract both longtime fans and new players. The game is expected to enhance user engagement significantly.
'SpongeBob Bounce' is part of Play.Works' extensive game portfolio, which includes popular titles like Tetris, Wheel of Fortune, and Doodle Jump.
Experience 'SpongeBob Bounce' on Roku now, with releases on additional platforms forthcoming.
Paramount Global and The Described and Captioned Media Program (DCMP) have initiated a groundbreaking multi-year partnership to make Nickelodeon's popular animated and live-action series accessible to children with disabilities. Starting with series like Bossy Bear, Tiny Chef Show, Blue's Clues & You!, and Santiago of the Seas, the partnership will extend until 2029, gradually adding more series. These shows will be available on DCMP's free streaming services for families and schools, featuring captions and audio descriptions. Audio descriptions provide additional narration for visually impaired viewers without disrupting dialogue. The effort is supported by a U.S. Department of Education grant aimed at enhancing educational content accessibility.
Nickelodeon announced the nominations for the 2024 Kids' Choice Awards, featuring over 50 first-time nominees. The event, hosted by SpongeBob SquarePants and Patrick Star, will air live from Bikini Bottom on July 13 at 8 p.m. (ET/PT).
Notable nominees include Taylor Swift, Beyoncé, Miley Cyrus, Olivia Rodrigo, and Justin Timberlake. Taylor Swift leads with six nominations.
The show will feature enhanced graphics, motion capture, and augmented reality, and will be simulcast across multiple networks, including Nickelodeon and MTV2.
Voting is open on the Kids' Choice Awards website, and international markets are also participating with additional regional categories.
Jazwares, a leading toy company, has signed a master licensing agreement with Paramount Global to produce toys, costumes, and accessories for several iconic franchises, including Avatar: The Last Airbender, Dora, SpongeBob SquarePants, Star Trek, and Yellowstone. Jazwares will hold global rights to create figures, toy vehicles, dolls, plush, and playsets for Avatar: The Last Airbender and North American rights for costumes and accessories for other Paramount franchises. The product lines are expected to be available in retail stores by 2025. This collaboration aims to leverage Jazwares' expertise in translating intellectual properties into high-quality products, enhancing their portfolio with beloved pop culture stories and characters.
Paramount Global and Charter Communications announced a new multi-year distribution agreement to extend their partnership.
This deal will allow Paramount's linear cable networks, CBS stations, and streaming services to continue being available on Charter's Spectrum packages. Popular channels like BET, Comedy Central, MTV, and Nickelodeon will remain accessible, along with Paramount+ with Showtime.
The ad-supported versions of Paramount+ Essential and BET+ Essential will be added at no extra cost to Spectrum subscribers. Internet-only customers can purchase Paramount's streaming services through Charter.
Charter will benefit from revenue shares on new subscriptions and ad-free upgrades. Financial terms of the deal were not disclosed.
Paramount Global and Charter Communications have announced a new multi-year distribution deal for Paramount's linear networks, CBS owned-and-operated stations, and direct-to-consumer streaming services.
In this agreement, ad-supported versions of Paramount+ Essential and BET+ Essential will be available at no extra cost to Spectrum TV customers. Charter will also offer Paramount's streaming services for purchase to its internet-only customers.
This deal aims to add value for consumers and provide new distribution opportunities, with Spectrum continuing to carry popular networks like CBS, BET, MTV, and more. Financial terms remain undisclosed.
Lion Star, Everest Place, and Paramount have announced the upcoming Nickelodeon Hotels & Resorts Orlando, set to open in 2026 in Kissimmee, Florida.
The resort will feature over 400 themed hotel rooms and condo units, offering immersive experiences with popular Nickelodeon characters like SpongeBob, PAW Patrol, and Dora.
Guests can enjoy amenities such as the Aqua Nick water park, themed dining options, and character meet-and-greets. Condos will be available for purchase, granting owners access to all resort amenities. The resort aims to set new standards for family vacations and vacation property ownership.
The complex will be located within the 220-acre Everest Place development, providing additional attractions like shopping, dining, and medical facilities in a region known for its natural beauty and proximity to renowned theme parks.
Nickelodeon celebrates SpongeBob SquarePants' 25th anniversary with SpongeBob and Patrick hosting the Nickelodeon Kids' Choice Awards 2024 on July 13. This event marks the first time animated characters host a full-length awards show, launching various anniversary activities including new content on Paramount+ and Nickelodeon, exclusive merchandise, and unique experiences worldwide.
Highlights include new SpongeBob episodes, the 'Saving Bikini Bottom' movie on Netflix, and a plethora of consumer products like Funko Pop! figures and Crocs collections. Additionally, there will be immersive experiences at Comic-Con, aquariums, and amusement parks globally.
This extensive celebration aims to honor SpongeBob's enduring popularity and cultural impact, engaging fans with multifaceted content and events throughout the year.
Build-A-Bear Workshop (NYSE: BBW) has announced a collaboration with Paramount Pictures for the new film, 'IF,' directed by John Krasinski and starring Ryan Reynolds and others. The film, set for release on May 17, 2024, features a girl who can see everyone's imaginary friends. To celebrate, Build-A-Bear will offer special in-store experiences starting May 16, where guests can create their own imaginary friends. Select workshops will undergo a thematic transformation, and the iconic Heart Ceremony will be enhanced with personal touches from Krasinski. Exclusive merchandise inspired by the film will also be available, including the 'IF Blue' plush and themed outfits.
SHOWTIME/MTV Entertainment Studios, Active Minds, and YouTube have launched an interactive YouTube video to teach young people the A.S.K. method (Acknowledge, Support, Keep-in-Touch) for emotional support. This initiative addresses the 70% of youth who feel unprepared to support friends emotionally. The video follows the story of Charlie, helping users practice A.S.K. techniques. This release coincides with the 4th annual Mental Health Action Day on May 16, 2024. The project also involves the Harvard T.H. Chan School of Public Health's Center for Health Communication to study social media's role in mental health support and develop a Creator Guide for digital mental health content.
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