PARAMOUNT GLOBAL - PARAA STOCK NEWS

The Food Allergy Fund (FAF) is launching a new Public Service Announcement during Food Allergy Awareness Month in May 2025. The PSA will be featured across Nickelodeon's platforms from May 1-31, starring Emmy Award-winning Tiny Chef and content creator Merrick Hanna, who has food allergies.

Key statistics highlight that food allergies affect:

• 1 in 13 children
• 1 in 10 adults in the U.S.
• Someone visits the ER every three minutes due to allergic reactions

The PSA aims to raise awareness about this serious chronic health condition and was unveiled at FAF's Annual Summit, which brings together scientists, innovators, policymakers, and advocates. Merrick Hanna shares his personal experience with food allergies in the campaign, emphasizing that approximately two children in every classroom have food allergies.

Avatar: The Last Airbender celebrates its 20th anniversary with a spectacular concert tour launching September 14 in Iowa City. The tour will visit over 80 cities across the US and Europe, featuring a live orchestra performing the show's iconic musical score alongside visual highlights from all three seasons.

The two-hour performance, created in collaboration with Nickelodeon, GEA Live, and Senbla, showcases Emmy Award-winning composer Jeremy Zuckerman's music. The concert tour has already achieved remarkable success, with over 200 shows performed and 400,000 tickets sold worldwide.

This special anniversary edition combines original dialogue and sound effects with live orchestral music, featuring instruments like taiko and erhu alongside traditional strings and woodwinds. The celebration includes stops in major cities like Los Angeles, Chicago, San Francisco, Boston, London, Berlin, Vienna, and Stockholm. Tickets go on sale May 2 at avatarinconcert.com.

Gabelli Asset Management Inc. (GAMI) has achieved a significant legal victory in Delaware Chancery Court regarding Project Fishbowl, an initiative representing over 700 clients concerning Paramount's transaction with Skydance. The court found a 'credible basis to suspect wrongdoing' in GAMI's books and records action.

As the largest non-NAI holder of voting shares, GAMI alleges that National Amusements (NAI), controlled by Shari Redstone, will receive additional compensation for their Paramount voting shares that isn't being offered to other shareholders. Based on Paramount's public filings, GAMI believes NAI will receive significantly more than the $23 per share offered to minority shareholders.

The Gabelli Value 25 Fund, which holds the largest number of voting shares, plans to continue Project Fishbowl to determine the exact value NAI will receive and seek equitable distribution for all Paramount voting shareholders.

Paramount Global (NASDAQ: PARA) has scheduled its first quarter 2025 financial results announcement for Thursday, May 8, 2025. The company will host a conference call at 4:30 p.m. (ET) following the release of its earnings materials.

The earnings call will be accessible through multiple channels:

• Live audio webcast on Paramount's Investors homepage (ir.paramount.com)
• Conference call dial-in: 833-470-1428 (domestic) or 404-975-4839 (international) with access code 425761

An audio replay will be available from 7:30 p.m. (ET) on May 8 via the company's Investors homepage and through dial-in numbers: 866-813-9403 (domestic) or 929-458-6194 (international) using access code 581379.

PlayOn, the premier fan engagement platform for high school sports, has announced the acquisition of MaxPreps from CBS Sports, a division of Paramount Global (NASDAQ: PARA). The strategic acquisition combines PlayOn's ticketing, live streaming, and digital media capabilities with MaxPreps' scores, data, and analysis platform.

The merger aims to create a comprehensive high school sports ecosystem, offering fans access to schedules, rosters, scores, statistics, rankings, tickets, streams, and highlights. The integration will benefit student-athletes, coaches, parents, and recruiters by providing increased visibility and deeper insights.

The deal includes the transfer of current MaxPreps employees to PlayOn. The acquisition follows PlayOn's recent addition of VidSwap coaching tools and analytics. Financial terms of the transaction were not disclosed, with Inner Circle Sports and LionTree Advisors serving as financial advisors to Paramount and PlayOn respectively.

Nickelodeon has announced a new 26-episode 2D-animated series 'Wylde Pak', set to debut in summer 2025. The series follows a blended multigenerational Korean American family, focusing on half-siblings Lily and Jack as they adapt to living together while helping run their family's pet grooming and boarding business.

The show features Nikki Castillo voicing 11-year-old Lily Pak and Benjamin Plessala as 13-year-old Jack Wylde, alongside Ben Pronsky, Jee Young Han, and Jean Yoon in supporting roles. Co-created by Paul Watling and Kyle Marshall, the series is inspired by their family experiences and represents Nickelodeon's commitment to diverse storytelling.

The series, produced by Nickelodeon in Burbank, marks the second show greenlit from Nickelodeon's Intergalactic Shorts Program. Development and production are overseen by Claudia Spinelli and Daniel Wineman, with distribution handled by Paramount Global Content Distribution.

Nickelodeon and Spin Master Entertainment have announced new episode orders for PAW Patrol and its spinoff Rubble & Crew. Both series will receive 26 additional episodes each, with PAW Patrol entering its 12th and 13th seasons, and Rubble & Crew moving into its third and fourth seasons.

A special crossover episode titled 'The Crew & Rocky Build a Bear Island' will premiere on March 10, 2025, at 10:30 a.m. (ET/PT), featuring Rocky visiting Builder Cove. The episode kicks off two weeks of Rubble & Crew premieres. Additionally, Season 10 of PAW Patrol will be available on Paramount+ starting March 19.

The franchise continues to expand with a new podcast, 'PAW Patrol: Eye-Spy a Rescue,' and maintains its position as a top-rated preschool series, reaching 180 territories in 33 languages since its 2013 launch.

Spin Master has announced the third installment of the PAW Patrol franchise, titled 'PAW Patrol: The Dino Movie', scheduled for theatrical release on July 31, 2026. The film will be distributed by Paramount Pictures and features a star-studded cast including Mckenna Grace, Jennifer Hudson, and Fortune Feimster.

The plot follows the PAW Patrol team crash-landing on an uncharted tropical island inhabited by dinosaurs, where they meet Rex, a stranded pup. The story centers around their mission to stop Humdinger from exploiting the island's resources, which triggers a volcanic eruption threatening the island's existence.

The franchise's previous two films have collectively generated over $350 million at the global box office. Cal Brunker returns as director and co-writer alongside Bob Barlen, with production led by Spin Master Entertainment's team including Jennifer Dodge, Laura Clunie, and Toni Stevens.

Paramount Pictures (PARA) and the National Organization for Rare Disorders (NORD) have announced a partnership to raise awareness for rare diseases in conjunction with the release of 'Novocaine'. The campaign runs through Rare Disease Day on February 28, 2025, with Paramount matching donations up to $40,000 to support NORD's mission.

The initiative highlights that rare diseases affect 1 in 10 Americans, with half being children. NORD has provided $200 million in financial assistance since 2018, with 93% of donations directly funding patient assistance programs. To promote awareness, NORD's Running for Rare® team will host a 5K event in Austin, Texas, on March 1, featuring actor Jack Quaid and offering participants T-shirts and advanced screening tickets to 'Novocaine'.

The collaboration aims to address the challenges faced by over 30 million Americans living with rare diseases, who experience medical costs 3-5 times higher than average, delayed diagnoses, and treatment options.