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.
Nickelodeon and Mattel Television have announced the renewal of the animated series Monster High for a second season, consisting of 20 episodes. Season one premiered on October 28, 2022, and has already garnered a strong 0.58 K2-11 rating. The series has reached 1 million Kids 2-11 and nearly 4 million total viewers across Nickelodeon networks. An all-new digital series, Monster High Mysteries, will also launch on November 18, featuring 8 episodes. The franchise aims to promote self-acceptance and unique identities among youth.
Nickelodeon and Paramount+ announced the premiere of the new movie musical Snow Day, set for December 16, 2022, on Paramount+ in the U.S. and Canada, with a Nickelodeon airing at 7 p.m. (ET/PT). The film is a reimagining of the beloved 2000 classic, featuring a cast that includes Ky Baldwin and Michaela Russell. Directed by Emmy Award-winner Michael Lembeck, the film follows siblings Hal and Natalie as they pursue their dreams during an unexpected snow day. The movie also stars Jerry Trainor and Laura Bell Bundy, among others.
RECUR is set to launch Teenage Mutant Ninja Turtles digital collectibles on December 12 for RECUR Pass Holders and December 13 for the public. The drop will feature 10,000 NFTs priced at
Paramount Global (NASDAQ: PARA; PARAA) announced that Chief Financial Officer Naveen Chopra will participate in a fireside chat at the RBC Capital Markets Global Technology, Internet, Media and Telecommunications Conference in New York on November 16, 2022, at 9:25 a.m. ET. Investors can access a live audio webcast on Paramount's Investor Relations homepage, with a replay available post-event. Paramount Global is a major media and entertainment company, known for its extensive library and various consumer brands including CBS, Showtime, and Paramount+.
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.
Paramount Consumer Products has partnered with droppLabs to launch an innovative interactive shopping experience for the Star Trek Tridimensional Chess Set. Utilizing dropp's XR and e-commerce technology, fans can interact with the chess set digitally before making their purchase. This initiative marks the first integration of droppLabs' technology into Paramount's e-commerce strategy, aiming to enhance the shopping experience and engage a new audience in the evolving e-commerce landscape. The collaboration reflects a shift towards immersive, tech-driven consumer interactions in the entertainment industry.
The renewed partnership between Paramount and Virgin Media will launch Paramount+ on Virgin TV in 2023, enhancing access to over 8000 hours of exclusive content. Pluto TV, a leading free ad-supported service, will also expand its distribution to Virgin Media, including thematic channels and movies. This agreement aims to bolster Paramount's streaming growth in the UK. Executive statements highlight the commitment to providing diverse entertainment to customers and the ambition to enhance service offerings through this collaboration.
Paramount Global (NASDAQ: PARA, PARAA) reported its third-quarter financial results for the period ending September 30, 2022, announcing a significant decline in revenue and earnings per share (EPS). The company noted challenges in its streaming segment, which affected overall profitability. The earnings call is scheduled for November 2, 2022 at 8:30 a.m. ET, with an audio replay available later in the day. Paramount continues to focus on expanding its media offerings across various platforms while striving to enhance viewer engagement.
Monster High The Movie debuted as the top kids and family movie on Paramount+ during its launch week, attracting over 4M viewers across Nickelodeon platforms. Following this success, Nickelodeon and Mattel Television have announced a sequel set to begin production in January in Vancouver, with a release planned for 2023. This musical film continues the legacy of the Monster High franchise, promoting themes of self-acceptance and empowerment. Additionally, a new animated series will premiere on Nickelodeon on Oct. 28.
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