STOCK TITAN

Paramount and Nickelodeon Are Teaming Up To Champion Sustainability in Honor of SpongeBob’s 25th Anniversary

Rhea-AI Impact
(No impact)
Rhea-AI Sentiment
(Neutral)
Tags

Paramount and Nickelodeon are celebrating SpongeBob's 25th anniversary with a major sustainability initiative. The companies have pledged to remove 5 million pounds of ocean-bound plastic and debris from waterways by 2027. This commitment is part of the 'Act Like A Sponge' campaign, encouraging people of all ages to embrace sustainability and make a positive impact.

As part of Paramount's Community Day, the company organized seven beach clean-ups across multiple countries, including the United States, Brazil, Portugal, and Singapore. These efforts demonstrate Paramount's dedication to environmental conservation and community engagement, aligning with the beloved SpongeBob character's underwater theme.

Loading...
Loading translation...

Positive

  • None.

Negative

  • None.

News Market Reaction 1 Alert

+1.73% News Effect

On the day this news was published, PARA gained 1.73%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

NORTHAMPTON, MA / ACCESSWIRE / July 23, 2024 / See how Paramount and Nickelodeon are teaming up to champion sustainability in honor of SpongeBob's 25th anniversary!

  • With last week kicking of SpongeBob's 25th anniversary, Paramount, Paramount Consumer Products & Experiences, and Nickelodeon have committed to removing 5M pounds of ocean-bound plastic and debris from our waterways by 2027.

  • Paramount launched the Act Like A Sponge campaign is an extension of SpongeBob's 25th anniversary celebration, where kids-and kids at heart-are encouraged to lean into sustainability and make a difference in some way.

  • Furthering acts of sustainability, as part of Paramount's Community Day, Paramount partnered on seven beach clean-ups in Miami, New Jersey, New York, Brazil, Portugal, Singapore, and Los Angeles.



View additional multimedia and more ESG storytelling from Paramount on 3blmedia.com.

Contact Info:
Spokesperson: Paramount
Website: https://www.3blmedia.com/profiles/paramount
Email: info@3blmedia.com

SOURCE: Paramount



View the original press release on accesswire.com

FAQ

What is Paramount's (PARA) sustainability goal for SpongeBob's 25th anniversary?

Paramount (PARA) aims to remove 5 million pounds of ocean-bound plastic and debris from waterways by 2027 as part of SpongeBob's 25th anniversary celebration.

What is the 'Act Like A Sponge' campaign launched by Paramount (PARA)?

The 'Act Like A Sponge' campaign is an initiative by Paramount (PARA) encouraging people to embrace sustainability and make a positive environmental impact, tied to SpongeBob's 25th anniversary.

Where did Paramount (PARA) organize beach clean-ups for SpongeBob's anniversary?

Paramount (PARA) organized beach clean-ups in seven locations: Miami, New Jersey, New York, Los Angeles, Brazil, Portugal, and Singapore, as part of their Community Day and SpongeBob's anniversary celebration.

How is Paramount (PARA) involving children in their sustainability efforts?

Paramount (PARA) is encouraging kids and 'kids at heart' to participate in sustainability efforts through the 'Act Like A Sponge' campaign, which is part of SpongeBob's 25th anniversary celebration.
PARAMOUNT GLOBAL

NASDAQ:PARA

PARA Rankings

PARA Latest News

PARA Stock Data

7.44B
637.98M
11.85%
Entertainment
Television Broadcasting Stations
Link
United States
NEW YORK