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 has announced that Kamala Harris has won their Kids Pick the President 'Kids' Vote' poll with 52% of the votes, while Donald Trump received 48%. Over 32,000 virtual ballots were cast between October 3-23. The results will be announced in a special half-hour program hosted by Nate Burleson and his daughter Mia, airing at 8 p.m. (ET/PT) across Nickelodeon platforms and Paramount+.
The special will focus on issues important to young people in the 2024 presidential election, including the economy, AI technology, and health. Nickelodeon has partnered with NAMLE to provide media literacy resources for parents through kidspickthepresident.com as part of their Our World prosocial initiative.
Yellow Rose by Kendra Scott has launched a -edition Yellowstone Collection in collaboration with Paramount Consumer Products, coinciding with the return of the series' fifth season. The collection features 13 styles priced between $50-$250, including bracelets, rings, and necklaces inspired by the Yellowstone Dutton Ranch and Beth and Rip's love story. 20% of the purchase price will be allocated to the Nest Women of the West Fund through The Kendra Scott Foundation, supporting American craftsmen and artisans. The collection is now available on KendraScott.com and targets Yellowstone's audience of over 12 million viewers.
Paramount is expanding its 'Mental Health is Health' campaign internationally, launching several initiatives to support mental well-being worldwide. The campaign, which began in May 2024, includes:
1. 'From Me To You': A short-form video series featuring local artists sharing personal mental health experiences.
2. A World Mental Health Day Public Service Announcement across Paramount's global channels.
3. Partnership with ChangeX to launch the World Mental Health Day Community Fund, supporting 80 projects across 10 countries.
4. Collaboration with Born This Way Foundation to promote the Be There Certificate, a free online mental health course.
5. Partnership with Throughline to promote their Find A Helpline platform.
6. MTV EMAs Creators House in Manchester, featuring a day dedicated to mental health.
7. A Mental Health Storytelling Roundtable discussion held in New York on September 26, 2024.
Plan International and Paramount have partnered to launch a global campaign on International Day of the Girl Child (Oct. 11) to support girls' education and gender equality. The campaign features Nickelodeon's Dora and includes:
- The Dora Fund: Grants for youth-led organizations focused on girls' education
- Backpacks and supplies distribution funded by Paramount
- A global PSA airing across Paramount networks
- A Plan International resource hub
The initiative aims to address the crisis of 224 million out-of-school children worldwide, with girls facing the greatest barriers. In 2023, Plan reached 10.5 million people through education programs. The campaign invites public participation to break down barriers and ensure all children, especially girls, have access to education.
Chamère, a ready-to-drink Kir Royale inspired by the Netflix series Emily in Paris, is launching in the US this fall. The beverage, which combines sparkling wine with natural cassis flavor, aims to capture Parisian sophistication with a playful twist. Packaged in a 25cl can, Chamère will be available at select retailers in New York, New Jersey, Connecticut, Maryland, Delaware, and Washington, D.C. starting October 10th, and through ReserveBar from October 28th.
To celebrate the launch, Chamère is hosting a 'Parisian Fall Picnic' event in New York City. The brand is part of The Quintessential Brands Group, an independent spirits business with a global reach. Paramount Consumer Products, which oversees licensing for Paramount (Nasdaq: PARA, PARAA), is involved in the brand's connection to Emily in Paris.
Paramount has launched its Vote '24 campaign in partnership with the Ad Council ahead of the 2024 MTV Video Music Awards. The initiative aims to encourage young people to participate in the 2024 election. Paramount has created an online hub, VoteVoteVote.com, where individuals can check their registration status, register to vote, preview their ballot, and access voting information and resources.
The campaign follows MTV's history of covering presidential elections through youth-focused programming like "Choose or Lose". Notably, the MTV VMAs were rescheduled to avoid conflicting with the presidential debate between Kamala Harris and Donald Trump.
Paramount Global (NASDAQ: PARA, PARAA) has announced that it will release its third quarter financial results on Friday, November 8, 2024. The company will hold a conference call at 8:30 a.m. (ET) following the release of its earnings materials. A live audio webcast will be available on Paramount's Investors homepage at ir.paramount.com.
Investors can also access the conference call by dialing 833-470-1428 (domestic) or 929-526-1599 (international) using access code 298878. An audio replay of the call will be available from 11:30 a.m. (ET) on November 8 on Paramount's Investors homepage and at 866-813-9403 using access code 290593. The earnings release and related information will be accessible on the company's Investors website.
Mary Quintero, renowned Panamanian designer and entrepreneur, launches the 'Emily in Paris x Undercover' collaboration in celebration of Hispanic Heritage Month. The capsule collection, inspired by the hit TV series starring Lily Collins, is now available in the United States. Quintero, a Vital Voices fellow and award-winning entrepreneur, offers a fusion of Parisian elegance with Undercover's bold style, including vibrant footwear, clothing, and accessories.
The collection not only celebrates fashion but also supports social causes. Through its 'Positive Footprints' program, a percentage of sales will be donated to the Panamanian Fashion Council, contributing to sustainable fashion education. Undercover has previously worked with over 20 organizations, donating more than 30,000 pairs of shoes.
The launch includes an exciting Kickstarter campaign, inviting fashion enthusiasts and fans of the series to be part of this global fashion adventure. This collaboration represents Quintero's commitment to innovative design, social responsibility, and global expansion.
Paramount Global (NASDAQ:PARA, PARAA) has released its fifth annual Environmental, Social, and Governance (ESG) Report, highlighting efforts in three key areas: On-Screen Content & Social Impact, Workforce & Culture, and Sustainable Production & Operations. The report showcases Paramount's progress in social impact and sustainability, particularly during Super Bowl LVIII in February 2024.
Notable achievements include:
- Advancing the Peak Sustainability initiative, a comprehensive climate action strategy for Paramount UK
- Reducing Scope 1 and 2 GHG emissions at the Paramount Pictures Lot in Los Angeles by 46%, nearing their 50% reduction goal by 2028
- Celebrating the 27th annual Community Day, with over 7,300 employees participating in more than 170 events across 43 markets, volunteering 18.6K hours
The report aligns with external ESG frameworks and outlines the company's commitment to relevant United Nations Sustainable Development Goals.
Nickelodeon is bringing back its Kids Pick the President "Kids' Vote" poll for the 2024 U.S. presidential election, along with a new special airing on October 28. The poll, which opens today, allows children to vote for their preferred presidential candidate at kidspickthepresident.com. The results will be revealed during a half-hour special hosted by Nate Burleson and his daughter Mia, premiering on Nickelodeon and Paramount+.
The special will showcase kids' perspectives on key election issues such as the economy, AI, technology, and health. Nickelodeon has partnered with NAMLE to provide media literacy resources for parents. This initiative is part of Nickelodeon's Our World prosocial program, aimed at inspiring kids and providing tools for civic engagement.