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Paramount Global - PARA STOCK NEWS

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

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Paramount Global's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Paramount Global's position in the market.

News
Paramount Global Announces the Pricing Terms of its Any and All Tender Offers for Certain Outstanding Debt Securities
Rhea-AI Summary
Paramount Global (NASDAQ: PARA, PARAA) announced the pricing terms for its cash tender offers for its 4.750% Senior Notes due 2025 and 3.450% Senior Notes due 2026. The offers are subject to conditions and are set to expire on November 9, 2023. The Total Consideration for each series of securities was determined based on the bid side price of the Reference U.S. Treasury Security and the applicable fixed spread over the yield to maturity. Paramount's obligation to accept for purchase and pay for the securities is subject to certain conditions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.25%
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News
Kids Had a Blast at the Nickelodeon “Well Versed” Premiere, Aimed To Teach Children Civics
Rhea-AI Summary
ParamountKids - 'Well Versed' Premiere in Philadelphia Promotes Civic Education for Children with Support from Jill Biden and Laura Bush
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.94%
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none
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News
Paramount Global Announces Cash Tender Offers for Up to $1 Billion Combined Aggregate Purchase Price of Certain Outstanding Debt Securities
Rhea-AI Summary
Paramount Global announces cash tender offers of up to $1 billion for certain senior notes. The offers are open to all registered holders of the securities and are subject to proration and order of priority. The Any and All Offers expire on November 9, 2023, while the Maximum Offer expires on December 4, 2023. Holders who tender their securities before the Early Tender Deadline may receive an early tender premium of $30 per $1,000 principal amount. The settlement dates for the offers are expected to be in November and December 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
15.44%
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none
News
Paramount Global Reports Third Quarter Earnings Results
Rhea-AI Summary
Paramount Global (NASDAQ: PARA, PARAA) has announced its financial results for the third quarter ended September 30, 2023. The company will conduct a conference call at 4:30 p.m. (ET) today, with a live audio webcast available on Paramount's Investors homepage. An audio replay of the call will be accessible starting at 7:30 p.m. (ET) on November 2. Investors can also find the earnings release and other related information on Paramount's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
15.44%
Tags
earnings
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News
NICKELODEON COOKS UP SECOND SEASON OF THE TINY CHEF SHOW WITH BRAND-NEW HOLIDAY-THEMED SPECIALS PREMIERING NOVEMBER AND DECEMBER
Rhea-AI Summary
Nickelodeon announces the renewal of the Annie Award-winning series, The Tiny Chef Show, for a second season. The new season will consist of 22 half-hour episodes and will feature Chef embarking on herbivorous adventures and cooking up plant-based recipes. The season will kick off with two holiday-themed specials. The show is available for streaming on Paramount+.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
10.37%
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PARAMOUNT GLOBAL ANNOUNCES WORLDWIDE EXPANSION OF "EYEQ"
Rhea-AI Summary
Paramount Global announces the global expansion of EyeQ, a digital video advertising platform, making it easier for advertisers to activate campaigns across Paramount's digital content portfolio. EyeQ will be fueled by Pluto TV's international presence and the introduction of a Paramount+ ad tier in select markets. EyeQ has experienced significant growth since its launch in 2020, becoming a multi-billion-dollar digital advertising business with over 100 million monthly unique viewers in the U.S.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.74%
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none
News
JAKKS Pacific Announces New Global Agreement With SEGA of America for Sonic the Hedgehog 3
Rhea-AI Summary
JAKKS Pacific, Inc. announces a multi-year partnership with SEGA of America for Sonic the Hedgehog 3, the upcoming Paramount Pictures' feature film. The collaboration will result in the design, development, and manufacture of various products including action figures, plush, playsets, costumes, and costume accessories. The products are set to hit the market in late 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.84%
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News
KKR Announces Completion of Acquisition of Simon & Schuster from Paramount
Rhea-AI Summary
KKR completes acquisition of Simon & Schuster from Paramount Global in a $1.62 billion all-cash transaction. Simon & Schuster is now a standalone private company, led by Jonathan Karp. KKR plans to strengthen the company and maintain its editorial excellence and independence.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.62%
Tags
acquisition
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News
First Lady of the United States Jill Biden and Former First Lady of the United States Laura Bush Join Nickelodeon, ATTN: and iCivics to Unveil Well Versed – New Animated Musical Short-Form Series Designed to Help Revitalize Civic Education for Kids
Rhea-AI Summary
First Lady Jill Biden joins Nickelodeon and ATTN: to unveil Well Versed, an animated musical series that teaches kids about democracy and the U.S. Bill of Rights through original pop songs. The series will launch on Nov. 1 across Nickelodeon platforms, Paramount+, and Noggin, with a curriculum guided by iCivics.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.83%
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News
PARAMOUNT GLOBAL AND SINCLAIR, INC. ANNOUNCE CBS TELEVISION NETWORK AFFILIATION AGREEMENTS
Rhea-AI Summary
Paramount and Sinclair have announced multi-year distribution agreements across all 21 CBS network affiliations for Sinclair stations. The agreements cover 23 markets and reach over 10 million television households.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.83%
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Stock PARA logo
Paramount Global

Nasdaq:PARA

PARA Rankings

#960 Ranked by Market Cap
N/A Ranked by Stock Gains
#1493 Ranked by Dividends

PARA Stock Data

7.59B
554.83M
16.23%
69.55%
13.25%
Television Broadcasting
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New York

About PARA

driven by iconic consumer brands, its portfolio includes cbs, showtime networks, paramount pictures, nickelodeon, mtv, comedy central, bet, paramount+, pluto tv and simon & schuster, among others. the company delivers the largest share of the u.s. television audience and boasts one of the industry’s most important and extensive libraries of tv and film titles. in addition to offering innovative streaming services and digital video products, viacomcbs provides powerful capabilities in production, distribution and advertising solutions for partners on five continents.