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PARAMOUNT GLOBAL Stock Price, News & Analysis

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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.

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Nickelodeon and Paramount+ announced the renewal of Rugrats for a third season, adding 13 episodes to the second season. The announcement was made during Comic-Con 2022, revealing the beloved characters will continue their adventures in 2023. The reimagined series showcases Tommy, Chuckie, Angelica, and friends as they explore imaginative worlds. The original Rugrats debuted in 1991, becoming a pop culture phenomenon with multiple awards and three theatrical releases.

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Nickelodeon will host the two-day music festival NickFest on October 22-23, at the Rose Bowl Stadium in Pasadena, California. MONSTA X will headline on October 22, while The Kid LAROI headlines on October 23. General tickets go on sale on July 26, starting at $115, with early access for American Express Platinum Card members from July 20. Attendees will enjoy various immersive experiences and Halloween-themed activities. Nickelodeon, part of Paramount (Nasdaq: PARA, PARAA), continues to lead as the top entertainment brand for kids.

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Nickelodeon and Mattel have announced the voice cast for the new animated series Monster High, set to debut globally in Fall 2022. The series features 26 episodes that explore the lives of teenage monster children, including characters like Clawdeen Wolf and Draculaura, as they find their identity and embrace their differences. The announcement includes a live-action musical movie premiering on October 6, 2022. Monster High aims to inspire acceptance and self-expression among viewers, revitalizing a franchise popular since 2010.

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RECUR has partnered with Paramount and Steve Aoki to launch a new NFT collection featuring characters from iconic '90s shows Rugrats and Hey Arnold!. The NFT drop begins on July 18 for whitelisted users and July 19 for the public, with 10,000 packs available at $50 each. Fans can trade original NFTs for Slime starting July 26 to unlock rare Mashup characters from Rugrats and Hey Arnold! The release aims to engage fans in a nostalgic revival through innovative digital experiences.

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Kellogg's announces the launch of its new Apple Jacks® Slime cereal in collaboration with Nickelodeon, available for a limited time starting July 2022. Priced at $4.49 for an 8.2-ounce box, this cereal features sweetened orange and green loops with a green apple flavor that turns milk bright green. Directors from Kellogg and Paramount express excitement over this nostalgic product aimed at both kids and adults. The launch embodies a playful blend of Kellogg's offerings and Nickelodeon's iconic Slime brand, enhancing breakfast experiences for families.

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Star Trek: Prodigy debuts on Nickelodeon on July 8, 2022, at 8:00 p.m. (ET/PT). This animated series follows a group of teens who discover a derelict Starfleet ship while seeking adventure and understanding. With a diverse voice cast, including Kate Mulgrew as Hologram Captain Janeway, the show aims to introduce younger audiences to the Star Trek franchise. Episodes will air weekly through August 5 and will be available for streaming on Nick.com and Paramount+.

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Paramount Global (NASDAQ: PARA, PARAA) will release its second-quarter financial results on August 4, 2022, for the period ending June 30, 2022. A conference call is scheduled for 8:30 a.m. (ET) the same day, available via audio webcast on Paramount's Investor Relations page. The call can be accessed by dialing 844-200-6205 (domestic) or 929-526-1599 (international) with access code 907998. An audio replay will be available post-call. Paramount is a leading global media and entertainment company with notable brands like CBS, Showtime, and Paramount+.

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Mattel, Nickelodeon, and Paramount+ announced the premiere of Monster High: The Movie, set for October 6, 2022, at 7 p.m. ET/PT. The live-action musical, rooted in the beloved franchise, follows Clawdeen Wolf as she navigates her identity at Monster High. The movie highlights themes of self-acceptance and friendship, featuring a cast including Miia Harris and Ceci Balagot. Following the film, an animated series based on the franchise will launch this year. The film aims to resonate with a new generation while fostering inclusivity.

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Mediacom Communications has renewed its carriage agreement with Paramount Global (NASDAQ: PARA, PARAA). This agreement ensures continued access to Paramount's extensive portfolio, including networks like CBS, BET, and SHOWTIME® OTT. Italia Commisso Weinand, Mediacom's Executive VP, expressed satisfaction with the ongoing partnership. Financial terms were not disclosed, indicating a possible focus on long-term collaboration over immediate financial impacts.

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FAQ

What is the current stock price of PARAMOUNT GLOBAL (PARA)?

The current stock price of PARAMOUNT GLOBAL (PARA) is $11.04 as of January 1, 2024.

What is the market cap of PARAMOUNT GLOBAL (PARA)?

The market cap of PARAMOUNT GLOBAL (PARA) is approximately 7.4B.

PARA Rankings

PARA Stock Data

7.44B
637.98M
Entertainment
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