PARAMOUNT GLOBAL (PARAA) Stock News

Baked by Melissa has partnered with Paramount Consumer Products (NYSE:PARA) to launch PAW Patrol's first-ever baked goods licensing collection. The collaboration introduces exclusive PAW Patrol-themed cupcake assortments available through multiple distribution channels.

The partnership includes a PAW Patrol 25-pack ($42), four different 6-packs ($11 each), and 3-pack bundles ($70 for 12). A special PAW Patrol Gift Box ($8) can be added to 25-pack orders. Products will be available in-store, online at bakedbymelissa.com, and through B2B and wholesale distribution, with nationwide shipping and same-day delivery options in Manhattan.

This strategic expansion targets Millennial parents and positions Baked by Melissa in the children's birthday celebration market, following successful partnerships with brands like Wonder, Good Culture, Tabasco, and Squishmallows.

Paramount Global (NASDAQ: PARA) and Mediacom have announced a multi-year renewal of their comprehensive distribution agreements. The deal ensures continued distribution of Paramount's broadcast, entertainment, news, and sports networks across Mediacom markets.

The agreement includes carriage of key networks such as CBS, BET, Comedy Central, MTV, Nickelodeon and Paramount Network. Additionally, Mediacom will now be able to offer the Paramount+ Premium plan to qualifying customers, expanding their streaming options.

Paramount (NYSE:PARA) and Spin Master Corp. have announced the launch of a new DORA toy collection, celebrating the 25th anniversary of the iconic Latina explorer. The collection, inspired by the Paramount+ original animated preschool series, includes interactive playsets, musical toys, and dolls designed for children ages 3 and up.

The new product line features four main items: the Explore & Play Rainforest Casita ($49.99), Dance With Me Dora ($49.99), My Adventure Backpack ($24.99), and Dora's Rainforest Rhythms Microphone ($12.99). Each toy incorporates Spanish vocabulary elements and includes collector's cards.

The collection will be available starting July 1st on Amazon.com, with subsequent launches at Target and Walmart later in summer 2025.

Paramount (NYSE:PARA) announced a global partnership between Nickelodeon and My Gym Children's Fitness Centers to celebrate Dora's 25th anniversary this July. The month-long activation, "The Great Dora Fiesta," will transform My Gym locations across the US, Canada, UK, and Australia with themed activities, games, and wall art featuring Dora and her friends.

The celebration includes the release of a 25th Anniversary Tribute Album, a new live-action movie "Dora and the Search for Sol Dorado," new seasons of the DORA animated series, and a special "Dora & Diego: Rainforest Rescues." All content will be available on Paramount+ and Nickelodeon.

BET Media Group and SpringHill have announced a new weekly series called '106 & Sports,' co-hosted by NFL MVP Cam Newton and CBS Sports Analyst Ashley Nicole Moss. The show, unveiled during the BET Awards 2025, will be filmed in Atlanta and feature a Top 10 countdown format covering major sports moments, culture, and fashion. The series will include segments like celebrity interviews, fashion analysis, debates, and a live studio audience with a resident DJ. The show is executive produced by notable figures including LeBron James and Maverick Carter through SpringHill, a studio within Fulwell Entertainment. This expansion into sports content represents BET's strategic move to evolve as a multiplatform cultural powerhouse, building on the legacy of their popular '106 & Park' franchise.

Paramount Game Studios, Atlas Creative, and Peyo Company have launched 'Smurfs Grow A Village' on Roblox, marking the iconic franchise's debut on the platform. The free-to-play game offers players an immersive DIY experience where they can build, customize, and expand their own Smurfs village. Players start with a basic farm plot and a few Smurfs, engaging in activities like farming, mining, logging, and exploration. The game represents Peyo Company's strategic move to reach digital-first audiences through interactive experiences, building on the Smurfs' legacy that began as a comic series in the 1950s and evolved into a global entertainment phenomenon spanning TV shows, movies, and merchandise.

Paramount Global (NASDAQ: PARA) announced a CFO transition as Naveen Chopra, EVP and CFO, departs for other opportunities. Andrew Warren, currently Strategic Advisor to the Office of the CEO, will take over as EVP and Interim CFO. Warren brings significant experience from his previous roles as CFO at Discovery Communications, STX Entertainment, and NBCU Television Group. In his current advisory role at Paramount, Warren has been closely involved with senior leadership on key financial and strategic initiatives. The transition comes during what the company describes as a period of transformation and growth.

Nickelodeon has acquired 'Mr. Crocodile', a new animated series based on Joann Sfar's French children's book 'Monsieur Crocodile a Beaucoup Faim'. The series will air globally on Nick Jr. channels and France Télévisions, produced by Joann Sfar's Magical Society and distributed by Mediawan Kids & Family. The show follows Mr. Crocodile and his best friend Daisy in their adventures within a mobile home community, focusing on their unconditional friendship and daily misadventures. The series is developed by Simon Nicholson and Joann Sfar, with Fabien Brandily directing. This adaptation marks Magical Society's first CGI series based on Sfar's work, known for other successful properties like 'Little Vampire' and 'The Little Prince' adaptation.

Paramount Global (NASDAQ: PARA, PARAA) has announced a quarterly cash dividend of $0.05 per share for both Class A and Class B Common Stock. The dividend will be paid on July 1, 2025, to stockholders of record as of June 16, 2025. Paramount Global operates as a leading global media, streaming, and entertainment company, with a portfolio including major brands such as CBS, Paramount Pictures, Nickelodeon, MTV, Comedy Central, BET, Paramount+, and Pluto TV. The company maintains one of the industry's largest TV and film libraries while offering streaming services, digital video products, and capabilities in production, distribution, and advertising solutions.